Aave (AAVE) is a prominent decentralized finance (DeFi) token that powers one of the leading lending and borrowing protocols in the cryptocurrency ecosystem. As of the latest data, AAVE is trading at approximately $272.05. This article provides an in-depth look at its current market performance, historical trends, and essential metrics to help investors and enthusiasts make informed decisions.
🔍 Current AAVE Price and Performance
AAVE has shown notable activity across various timeframes, reflecting both short-term fluctuations and longer-term trends. Here's a breakdown of its recent performance:
- 1-Hour Change: -0.59%
- 24-Hour Change: -3.00%
- 7-Day Change: +5.25%
- 30-Day Change: +2.66%
These figures indicate moderate volatility with a positive mid-term trend despite recent minor declines.
📊 AAVE Market Overview
AAVE holds a significant position in the global cryptocurrency market. Key metrics include:
- Market Rank: #28
- Market Capitalization: $4.128 billion
- 24-Hour Trading Volume: $441.326 million
- Circulating Supply: 15.175 million AAVE
- Maximum Supply: Not fixed (dynamic issuance model)
Market capitalization is calculated by multiplying the current price by the circulating supply, representing the total market value of all circulating AAVE tokens.
📈 Historical Price Data
Understanding AAVE's price history provides context for its current valuation and future potential:
- All-Time High (ATH): $666.86 (May 18, 2021)
- All-Time Low (ATL): $0.00 (October 2, 2020)
The ATH reflects the peak of the 2021 bull market, while the ATL represents early developmental stages before broader adoption.
🌐 AAVE Exchange Rates
AAVE can be traded against various fiat currencies worldwide. Below are approximate exchange rates for one AAVE token:
- US Dollar (USD): $272.05
- Euro (EUR): €231.21
- British Pound (GBP): £199.14
- Japanese Yen (JPY): ¥39,353.28
- Canadian Dollar (CAD): CA$369.28
- Australian Dollar (AUD): A$413.81
- Chinese Yuan (CNY): ¥1,947.85
- Korean Won (KRW): ₩371,226.57
These rates are indicative and may vary based on market conditions and exchange platforms.
❓ Frequently Asked Questions
What is the current price of AAVE?
The real-time price of AAVE fluctuates continuously. For the most up-to-date USD price, refer to reputable cryptocurrency tracking platforms or exchanges.
What is AAVE’s market capitalization?
AAVE’s market cap is approximately $4.128 billion, reflecting the total value of all circulating tokens at the current price.
How much is AAVE’s 24-hour trading volume?
Over the past 24 hours, AAVE has achieved a global trading volume of around $441.326 million.
What is the circulating supply of AAVE?
The circulating supply of AAVE is 15.175 million tokens. Note that the protocol does not have a fixed maximum supply.
What was AAVE’s all-time high price?
AAVE reached its all-time high of $666.86 on May 18, 2021, during a period of significant growth in the DeFi sector.
What was AAVE’s all-time low price?
The token’s all-time low was recorded at a negligible value on October 2, 2020, during its early development phase.
Where can I learn more about AAVE’s technology and market outlook?
For a deeper understanding of AAVE’s protocol mechanics, tokenomics, and future potential, consider exploring educational resources focused on decentralized finance. 👉 Explore advanced DeFi strategies and insights
💡 Conclusion
AAVE remains a cornerstone of the DeFi landscape, offering innovative lending and borrowing solutions while maintaining a strong market presence. Its price dynamics, historical performance, and ongoing developments make it a token worth watching for both traders and long-term investors. For those interested in deeper market analysis or real-time trading tools, 👉 discover powerful analytical platforms that provide comprehensive data and execution capabilities.
Always conduct thorough research and consider market conditions before making investment decisions.