Aave Reaches 1-Day Volume of $336.07 Million (AAVE)

Aave (AAVE) traded up 7.6% against the U.S. dollar during the one day period ending at 20:00 PM E.T. on September 10th. In the last seven days, Aave has traded up 24.4% against the U.S. dollar. One Aave token can now be bought for approximately $150.08 or 0.00260421 BTC on major cryptocurrency exchanges. Aave has a market capitalization of $2.24 billion and $336.07 million worth of Aave was traded on exchanges in the last day.

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

• Aidi Finance (BSC) (AIDI) traded down 2.2% 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 12.9% higher against the dollar and now trades at $0.0708 or 0.00000122 BTC.
• P2P Solutions foundation (P2PS) traded up 1.4% against the dollar and now trades at $153.91 or 0.00267072 BTC.

About Aave

Aave’s launch date was October 2nd, 2020. Aave’s total supply is 16,000,000 tokens and its circulating supply is 14,929,543 tokens. Aave’s official website is aave.com. Aave’s official message board is medium.com/aave. The Reddit community for Aave is https://reddit.com/r/aave_official and the currency’s Github account can be viewed here. Aave’s official Twitter account is @aave and its Facebook page is accessible 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 possible to buy alternative cryptocurrencies such as Aave directly using US dollars. Investors seeking to trade Aave should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Aave using one of the aforementioned exchanges.

AAVE/USD price chart by TradingView