#SpotVSFuturesStrategy
What is AAVE?
AAVE is the token of the Aave protocol, a decentralized platform for lending and borrowing cryptocurrencies without intermediaries. It runs on Ethereum and other blockchains like Polygon and Avalanche. Aave lets users earn interest by lending their crypto or borrow assets by using crypto as collateral.Key Features of AAVE Token: Governance: AAVE holders can vote on changes to the Aave platform, like adding new features or assets.
Fee Discounts: Holding AAVE reduces fees on the platform.
Staking: Users can stake AAVE to earn rewards and help secure the protocol.
Flash Loans: Aave’s unique feature allows borrowing without collateral, but the loan must be repaid in the same transaction.
Deflationary: Some AAVE tokens are burned (removed) when the protocol collects fees, reducing the total supply over time.
Token Details (as of July 2025): Price: ~$311–$375 (varies by source).
Market Cap: ~$4.7B–$5.6B.
Circulating Supply: ~15M tokens.
Total Supply: 16M tokens.
Trading Volume (24h): ~$413M–$1.15B.
Why AAVE Matters:
Aave is a leading DeFi (decentralized finance) platform with over $28B in total value locked (TVL). It’s secure, audited, and supports 20+ cryptocurrencies like DAI and UNI. AAVE tokens give users control over the platform’s future and access to its innovative lending features.Fun Fact: Aave means “ghost” in Finnish, symbolizing its transparent, open system!
