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Market data as of 40 min. ago

Aave

AAVE · Market cap rank 39

$152.73▼ −0.0%

Price history

Last three years · Low $53.60 · High $370.81▲ +105.2%

Compare →

Key figures

Market cap
$2.36B
Fully diluted
$2.44B
24h volume
$179M
Circulating supply
15,436,339 AAVE
Total supply
16,000,000 AAVE
Max supply
—
FDV to market cap
1.04×

Above 1 means supply is still being issued

Supply issued
—

Circulating share of the maximum

Listed since
Oct 2, 2020

Change

1h
▲ +0.0%
24h
▼ −0.0%
7d
▼ −8.8%
30d
▲ +4.9%

How this coin behaves

Measured from 1200 days of daily closes. These describe what the price has done, not what it will do.

30-day volatility
0.8 %

Standard deviation of daily moves, annualised

Typical day
2.4 %

Median daily move over 90 days

Days closing higher
45 %

Over the last 365 days

Best day
▲ +23.7%

Aug 21, 2026

Worst day
▼ −18.4%

Feb 5, 2026

Deepest drawdown
▼ −84.1%

Dec 23, 2024 to Jun 6, 2026

Below its high
▼ −60.5%

High of $382.85 on Dec 23, 2024

Correlation with BTC
0.67

Daily moves over 90 days, −1 to +1

Base rates and derivatives positioning

How often this coin has actually managed a move of a given size in 30 days, and how the perpetual market is positioned right now.

Included with Pro+

Base rates turn a price target into a frequency: how often a move that size has happened before.

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Where it came from

Stani Kulechov started this in 2017 in Finland as ETHLend, a peer-to-peer lending marketplace that matched individual lenders to individual borrowers and was slow because of it. The 2020 rebuild abandoned matching for pooled liquidity and renamed the project Aave.

What it does

Aave is a lending pool. Depositors supply assets and earn a rate; borrowers post collateral and pay one. Rates move algorithmically with how much of the pool is borrowed, and positions are liquidated automatically when collateral falls below a threshold.

What moves the price

  • Utilisation of the pools, which sets both borrowing and deposit rates through the interest rate curve.
  • The safety module, where staked tokens act as a backstop against a shortfall and in exchange earn a share of protocol revenue.
  • Collateral parameters set by governance, which decide what can be borrowed against and how aggressively.
  • Liquidation events during sharp price moves, which are the moments that test whether the risk parameters were set correctly.

A description of how this asset works, not advice about holding it. Figures above update with the market data; this text is reviewed by hand. Reviewed Sep 3, 2026

About Aave

Aave (AAVE) is a cryptocurrency and operates on the Ethereum platform. Aave has a current supply of 16,000,000 with 15,436,206.50543913 in circulation. The last known price of Aave is 154.82684226 USD and is down -3.65 over the last 24 hours. It is currently trading on 1374 active market(s) with $216,338,543.64 traded over the last 24 hours. More information can be found at https://aave.com/.

Links

What the market implies for the Aave price

Every open market that names a Aave price level, ordered by how far that level is from today. The price is what traders currently pay for it. Measured against $152.73

Levels below the price

Aave price levels with the move still needed, the market price and the historical frequency
LevelMove neededMarket priceResolves
↓ $10,000,000,000on touchingAlready there6 %▼ −3.0%in 74 days

A historical frequency, not a probability. It counts how often the move happened in the last three years of daily closes; a change in regime breaks it. Market prices are live and move.

Historical frequency, other venues, options

How often this coin has actually covered each of these distances in a window of that length, what Kalshi charges for the same question, and for bitcoin and ether what the options market implies.

Included with Pro+

The market price says what traders charge. The base rate says how often it has happened. Seeing both in one row is the whole point.

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Other open markets on this coin

Open prediction markets whose question turns on Aave. Prices update with the rest of the site.

No open prediction market mentions this coin right now. That is a statement about the market, not about the coin.

Browse live odds

AI scan

What is moving the Aave price right now — researched with sources, not a price target.

Every scan uses one of your research credits.

Common questions

What is Aave (AAVE)?

Stani Kulechov started this in 2017 in Finland as ETHLend, a peer-to-peer lending marketplace that matched individual lenders to individual borrowers and was slow because of it. The 2020 rebuild abandoned matching for pooled liquidity and renamed the project Aave. Aave is a lending pool. Depositors supply assets and earn a rate; borrowers post collateral and pay one. Rates move algorithmically with how much of the pool is borrowed, and positions are liquidated automatically when collateral falls below a threshold.

How volatile is Aave?

Over the last 30 days, Aave has an annualised volatility of 0.8 %. The median daily move across the last 90 days is 2.4 %. Both describe what the price has done, not what it will do.

What is the biggest drawdown Aave has had?

Across the daily closes on file, the deepest peak-to-trough fall is 84 %, from 2024-12-23 to 2026-06-06. The highest close in that window is $382.85 on 2024-12-23.

What are prediction markets saying about the Aave price?

The most heavily traded open market on Aave asks whether the price falls to $10,000,000,000 within 74 days. Traders currently price that at 6 %. That is a market price, not a forecast, and it moves.

What moves the Aave price?

Utilisation of the pools, which sets both borrowing and deposit rates through the interest rate curve. The safety module, where staked tokens act as a backstop against a shortfall and in exchange earn a share of protocol revenue. Collateral parameters set by governance, which decide what can be borrowed against and how aggressively. Liquidation events during sharp price moves, which are the moments that test whether the risk parameters were set correctly.

What is the market cap of Aave?

Aave has a market capitalisation of $2.4 billion, ranking 39th by market cap. The figure updates with the market data on this page.

Other coins in DeFi

Each of these has its own page with the same figures and history.

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