Aave Hits 24 Hour Trading Volume of $123.29 Million (AAVE)

Aave (AAVE) traded 4.9% lower against the U.S. dollar during the 24-hour period ending at 10:00 AM ET on November 3rd. Aave has a market cap of $1.97 billion and approximately $123.29 million worth of Aave was traded on exchanges in the last day. In the last seven days, Aave has traded down 8.9% against the U.S. dollar. One Aave token can now be bought for approximately $131.27 or 0.00193865 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed in the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.3% lower against the dollar and now trades at $68,243.92 or 1.00786737 BTC.
• SolvBTC (SOLVBTC) traded 2% lower against the dollar and now trades at $67,807.91 or 1.00142811 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Aave Token Profile

Aave launched on October 2nd, 2020. Aave’s total supply is 16,000,000 tokens and its circulating supply is 14,972,260 tokens. Aave’s official message board is medium.com/aave. Aave’s official website is aave.com. Aave’s official Twitter account is @aave and its Facebook page is accessible here. The Reddit community for Aave is https://reddit.com/r/aave_official and the currency’s Github account can be viewed here.

According to CryptoCompare, “AAVE is a decentralized finance protocol built on the Ethereum blockchain that enables users to borrow and lend digital assets in the form of flash loans, while also providing users with a yield-generating market to earn interest from their crypto holdings. AAVE is secured by a collateral model and features a token staking model, allowing users to stake their tokens to earn rewards. The protocol is designed to be permissionless, trustless, and secure, providing users with a secure and transparent way to access DeFi services. AAVE (AAVE) token was created by Stani Kulechov and the Aave team in 2017.”

Buying and Selling Aave

It is usually not currently possible to purchase alternative cryptocurrencies such as Aave directly using US dollars. Investors seeking to trade Aave should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Aave using one of the aforementioned exchanges.

AAVE/USD price chart by TradingView