$AAVE

Aave (AAVE) is a decentralized finance (DeFi) protocol that enables users to lend and borrow cryptocurrencies. It's a non-custodial liquidity protocol where users can participate as suppliers or borrowers. Here's a brief overview ¹:

*Current Price and Market Cap*

- Current price: $224.72-$235.45 USD, with a 4.69%-7.7% increase in the last 24 hours

- Market capitalization: $3.55-$3.60 billion USD, ranking #31 on CoinMarketCap

- 24-hour trading volume: $384-$471 million USD

*Key Features*

- *Lending and Borrowing*: Users can lend cryptocurrencies to earn interest and borrow assets by providing collateral

- *Governance*: AAVE token holders can vote on protocol upgrades and decisions

- *Security*: The protocol has undergone extensive audits and has a bug bounty program in place

- *Flash Loans*: Borrowers can take out loans with zero collateralization, but must pay back the loan within the same transaction

*Tokenomics*

- *Total Supply*: 16 million AAVE tokens

- *Circulating Supply*: 15.11 million AAVE tokens

- *Token Use Cases*: Governance, incentives, and mitigation tool for shortfalls

*Exchanges and Availability*

- AAVE is available on various exchanges, including Binance

- It can also be traded on decentralized exchanges (DEXs) and other platforms ² ³ ⁴