AAVE/USD · outlook

Aave: what the data says

The governance token of one of the largest decentralized lending and borrowing protocols in DeFi. It lets users deposit crypto to earn interest or borrow other assets against their own collateral, all without intermediaries like traditional banks. It's also known for pioneering "flash loans" — uncollateralized loans that must be borrowed and repaid within a single blockchain transaction, a tool used mainly by advanced traders and developers.