BITCOIN

₹58,50,917.73

2.21%

ETHEREUM

₹2,89,535.31

7.564%

TETHER USDT

₹91.10

0.001%

BNB

₹50,665.81

4.508%

SOLANA

₹15,600.58

0.576%

USDC

₹91.10

0.022%

XRP

₹54.73

0.63%

DOGECOIN

₹11.18

5.674%

CARDANO

₹35.92

3.274%

TRON

₹12.19

0.232%

AVALANCHE

₹2,487.44

4.894%

SHIBA INU

₹0.00147

5.076%

POLKADOT

₹512.53

4.926%

CHAINLINK

₹1,178.55

6.459%

BITCOIN CASH

₹32,152.67

3.389%

NEAR PROTOCOL

₹508.45

1.808%

LITECOIN

₹6,251.02

5.45%

PEPE

₹0.001081

2.509%

POLYGON

₹45.52

6.037%

INTERNET COMPUTER

₹857.30

3.588%

BITCOIN

₹58,50,917.73

2.21%

ETHEREUM

₹2,89,535.31

7.564%

TETHER USDT

₹91.10

0.001%

BNB

₹50,665.81

4.508%

SOLANA

₹15,600.58

0.576%

USDC

₹91.10

0.022%

XRP

₹54.73

0.63%

DOGECOIN

₹11.18

5.674%

CARDANO

₹35.92

3.274%

TRON

₹12.19

0.232%

AVALANCHE

₹2,487.44

4.894%

SHIBA INU

₹0.00147

5.076%

POLKADOT

₹512.53

4.926%

CHAINLINK

₹1,178.55

6.459%

BITCOIN CASH

₹32,152.67

3.389%

NEAR PROTOCOL

₹508.45

1.808%

LITECOIN

₹6,251.02

5.45%

PEPE

₹0.001081

2.509%

POLYGON

₹45.52

6.037%

INTERNET COMPUTER

₹857.30

3.588%

BITCOIN

₹58,50,917.73

2.21%

ETHEREUM

₹2,89,535.31

7.564%

TETHER USDT

₹91.10

0.001%

BNB

₹50,665.81

4.508%

SOLANA

₹15,600.58

0.576%

USDC

₹91.10

0.022%

XRP

₹54.73

0.63%

DOGECOIN

₹11.18

5.674%

CARDANO

₹35.92

3.274%

TRON

₹12.19

0.232%

AVALANCHE

₹2,487.44

4.894%

SHIBA INU

₹0.00147

5.076%

POLKADOT

₹512.53

4.926%

CHAINLINK

₹1,178.55

6.459%

BITCOIN CASH

₹32,152.67

3.389%

NEAR PROTOCOL

₹508.45

1.808%

LITECOIN

₹6,251.02

5.45%

PEPE

₹0.001081

2.509%

POLYGON

₹45.52

6.037%

INTERNET COMPUTER

₹857.30

3.588%

BITCOIN

₹58,50,917.73

2.21%

ETHEREUM

₹2,89,535.31

7.564%

TETHER USDT

₹91.10

0.001%

BNB

₹50,665.81

4.508%

SOLANA

₹15,600.58

0.576%

USDC

₹91.10

0.022%

XRP

₹54.73

0.63%

DOGECOIN

₹11.18

5.674%

CARDANO

₹35.92

3.274%

TRON

₹12.19

0.232%

AVALANCHE

₹2,487.44

4.894%

SHIBA INU

₹0.00147

5.076%

POLKADOT

₹512.53

4.926%

CHAINLINK

₹1,178.55

6.459%

BITCOIN CASH

₹32,152.67

3.389%

NEAR PROTOCOL

₹508.45

1.808%

LITECOIN

₹6,251.02

5.45%

PEPE

₹0.001081

2.509%

POLYGON

₹45.52

6.037%

INTERNET COMPUTER

₹857.30

3.588%

BITCOIN

₹58,50,917.73

2.21%

ETHEREUM

₹2,89,535.31

7.564%

TETHER USDT

₹91.10

0.001%

BNB

₹50,665.81

4.508%

SOLANA

₹15,600.58

0.576%

USDC

₹91.10

0.022%

XRP

₹54.73

0.63%

DOGECOIN

₹11.18

5.674%

CARDANO

₹35.92

3.274%

TRON

₹12.19

0.232%

AVALANCHE

₹2,487.44

4.894%

SHIBA INU

₹0.00147

5.076%

POLKADOT

₹512.53

4.926%

CHAINLINK

₹1,178.55

6.459%

BITCOIN CASH

₹32,152.67

3.389%

NEAR PROTOCOL

₹508.45

1.808%

LITECOIN

₹6,251.02

5.45%

PEPE

₹0.001081

2.509%

POLYGON

₹45.52

6.037%

INTERNET COMPUTER

₹857.30

3.588%

BITCOIN

₹58,50,917.73

2.21%

ETHEREUM

₹2,89,535.31

7.564%

TETHER USDT

₹91.10

0.001%

BNB

₹50,665.81

4.508%

SOLANA

₹15,600.58

0.576%

USDC

₹91.10

0.022%

XRP

₹54.73

0.63%

DOGECOIN

₹11.18

5.674%

CARDANO

₹35.92

3.274%

TRON

₹12.19

0.232%

AVALANCHE

₹2,487.44

4.894%

SHIBA INU

₹0.00147

5.076%

POLKADOT

₹512.53

4.926%

CHAINLINK

₹1,178.55

6.459%

BITCOIN CASH

₹32,152.67

3.389%

NEAR PROTOCOL

₹508.45

1.808%

LITECOIN

₹6,251.02

5.45%

PEPE

₹0.001081

2.509%

POLYGON

₹45.52

6.037%

INTERNET COMPUTER

₹857.30

3.588%

BITCOIN

₹58,50,917.73

2.21%

ETHEREUM

₹2,89,535.31

7.564%

TETHER USDT

₹91.10

0.001%

BNB

₹50,665.81

4.508%

SOLANA

₹15,600.58

0.576%

USDC

₹91.10

0.022%

XRP

₹54.73

0.63%

DOGECOIN

₹11.18

5.674%

CARDANO

₹35.92

3.274%

TRON

₹12.19

0.232%

AVALANCHE

₹2,487.44

4.894%

SHIBA INU

₹0.00147

5.076%

POLKADOT

₹512.53

4.926%

CHAINLINK

₹1,178.55

6.459%

BITCOIN CASH

₹32,152.67

3.389%

NEAR PROTOCOL

₹508.45

1.808%

LITECOIN

₹6,251.02

5.45%

PEPE

₹0.001081

2.509%

POLYGON

₹45.52

6.037%

INTERNET COMPUTER

₹857.30

3.588%

BITCOIN

₹58,50,917.73

2.21%

ETHEREUM

₹2,89,535.31

7.564%

TETHER USDT

₹91.10

0.001%

BNB

₹50,665.81

4.508%

SOLANA

₹15,600.58

0.576%

USDC

₹91.10

0.022%

XRP

₹54.73

0.63%

DOGECOIN

₹11.18

5.674%

CARDANO

₹35.92

3.274%

TRON

₹12.19

0.232%

AVALANCHE

₹2,487.44

4.894%

SHIBA INU

₹0.00147

5.076%

POLKADOT

₹512.53

4.926%

CHAINLINK

₹1,178.55

6.459%

BITCOIN CASH

₹32,152.67

3.389%

NEAR PROTOCOL

₹508.45

1.808%

LITECOIN

₹6,251.02

5.45%

PEPE

₹0.001081

2.509%

POLYGON

₹45.52

6.037%

INTERNET COMPUTER

₹857.30

3.588%

BITCOIN

₹58,50,917.73

2.21%

ETHEREUM

₹2,89,535.31

7.564%

TETHER USDT

₹91.10

0.001%

BNB

₹50,665.81

4.508%

SOLANA

₹15,600.58

0.576%

USDC

₹91.10

0.022%

XRP

₹54.73

0.63%

DOGECOIN

₹11.18

5.674%

CARDANO

₹35.92

3.274%

TRON

₹12.19

0.232%

AVALANCHE

₹2,487.44

4.894%

SHIBA INU

₹0.00147

5.076%

POLKADOT

₹512.53

4.926%

CHAINLINK

₹1,178.55

6.459%

BITCOIN CASH

₹32,152.67

3.389%

NEAR PROTOCOL

₹508.45

1.808%

LITECOIN

₹6,251.02

5.45%

PEPE

₹0.001081

2.509%

POLYGON

₹45.52

6.037%

INTERNET COMPUTER

₹857.30

3.588%

BITCOIN

₹58,50,917.73

2.21%

ETHEREUM

₹2,89,535.31

7.564%

TETHER USDT

₹91.10

0.001%

BNB

₹50,665.81

4.508%

SOLANA

₹15,600.58

0.576%

USDC

₹91.10

0.022%

XRP

₹54.73

0.63%

DOGECOIN

₹11.18

5.674%

CARDANO

₹35.92

3.274%

TRON

₹12.19

0.232%

AVALANCHE

₹2,487.44

4.894%

SHIBA INU

₹0.00147

5.076%

POLKADOT

₹512.53

4.926%

CHAINLINK

₹1,178.55

6.459%

BITCOIN CASH

₹32,152.67

3.389%

NEAR PROTOCOL

₹508.45

1.808%

LITECOIN

₹6,251.02

5.45%

PEPE

₹0.001081

2.509%

POLYGON

₹45.52

6.037%

INTERNET COMPUTER

₹857.30

3.588%

Home

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Coins

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Aave

AAVE

Aave

AAVE

₹7,951.21

LIVE

24H Low ₹7,904.75

24H High ₹8,586.18

Price of AAVE today

The current live price of AAVE today is ₹7,951.21, with a 24-hour trading volume of ₹7,30,53,64,677.59. Our AAVE to INR price is updated in real-time. AAVE has seen a decrease of -6.10% in the last 24 hours. With a live market cap of ₹1,18,64,87,10,643.50 , the circulating supply is at 14,877,558 AAVE coins, with a maximum supply of 16,000,000AAVE coins.

Aave Price History

Date ComparisonAmount Change% Change
Today-₹587.60

6.88%

7 Days-₹1,082.27

11.98%

30 Days-₹450.95

5.37%

1 Year₹1,351.01

20.46%

Aave Price Information

Price Change (1hr)

7.38%

Price Change (24hr)

6.88%

Price Change (7d)

11.98%

Aave Market Stats

Market Cap

₹1,18,64,87,10,643.50

Fully Diluted Market Cap

₹1,27,60,01,98,646.78

24hr Volume

₹7,30,53,64,677.59

15.86%

Circulating Supply

14877558.11 AAVE

Total Supply

16000000 AAVE

Things to know about Aave

What is the Token?

Aave (AAVE) is a decentralized finance (DeFi) protocol that enables users to lend and borrow cryptocurrencies. AAVE, the native token of the Aave platform, serves multiple roles within the ecosystem, primarily as a governance token allowing holders to vote on decisions affecting the platform’s future. It also functions as a staking token, providing security and safety to the protocol by allowing holders to stake their AAVE in return for rewards. Launched initially as ETHLend, the platform rebranded to Aave in 2020, transitioning from LEND to AAVE tokens.

Tokenomics

AAVE has a maximum supply of 16 million tokens. The token distribution is designed to support the protocol’s decentralization and community-driven governance. AAVE holders can stake their tokens in the Safety Module to help secure the platform and earn staking rewards. The economic model also includes a burning mechanism where a portion of the fees collected by the protocol is used to buy back AAVE and burn them, reducing the total supply and potentially increasing the token’s value over time.

Market Data

As of today #{today’s date}, the price of Aave is ₹7,951.21 INR or 87.28 USD, with a 24-hour trading volume of 80190611.17 USD. The market capitalization for Aave is 1302400775.45USD. The circulating supply is 14877558.11 Aave, with the total supply also being 16000000 Aave.

Token Pros and Cons

Pros:

  • Governance Participation

  • : AAVE token holders can vote on crucial protocol decisions, influencing the development and strategic direction of the platform.

  • Staking Rewards

  • : By staking AAVE in the Safety Module, holders can earn rewards, adding an incentive to support the platform’s security.

  • Reduced Fees

  • : Using AAVE as collateral or for fee payment within the platform often results in reduced fees compared to other tokens.

  • Deflationary Mechanism

  • : The protocol’s practice of burning a portion of the fees helps in reducing the overall token supply, potentially increasing value.

  • Wide Adoption and Utility

  • : AAVE is integrated into several DeFi activities on the platform, including lending, borrowing, and liquidity provision, enhancing its utility and demand.

Cons:

  • Market Volatility

  • : Like all cryptocurrencies, AAVE is subject to high market volatility, leading to significant price fluctuations.

  • Regulatory Risks

  • : DeFi platforms operate in a gray regulatory area, with potential future regulations posing risks to AAVE.

  • Smart Contract Vulnerabilities

  • : Despite audits, smart contracts can have vulnerabilities that might be exploited, risking user funds.

  • Complexity for New Users

  • : The Aave platform’s advanced features can be complex for new users, potentially limiting its accessibility.

  • Dependence on Ethereum

  • : Being primarily based on the Ethereum network, AAVE’s performance and scalability are tied to Ethereum’s, which can be a bottleneck.

Why Should You Invest in the Coin

  • Strong Community and DAO

  • : Aave has a robust and active community, ensuring the protocol evolves with the collective interest of its users.

  • Innovative Features

  • : Aave introduces pioneering features like flash loans, enhancing its attractiveness and utility in the DeFi space.

  • Continued Development

  • : The Aave team is known for its continuous improvement and introduction of new features, which may increase the protocol’s value.

  • Increasing DeFi Popularity

  • : As DeFi grows, well-established protocols like Aave will benefit significantly from increased user adoption.

  • Security Measures

  • : Aave has implemented extensive security measures, including staking and insurance provisions, to protect user assets.

USP of the Coin

  • Flash Loans

  • : Aave was the first to introduce uncollateralized flash loans, a significant innovation for quick, one-block loans.

  • Decentralized Governance

  • : Aave provides a truly decentralized governance model, which is less common in other DeFi projects.

  • Multi-chain Accessibility

  • : Aave supports multiple blockchains, increasing accessibility and reducing dependency on any single network.

Problem the Coin is Solving

Aave addresses the lack of liquidity in traditional finance by providing an open and non-custodial lending and borrowing platform. This allows users to participate without a central authority, reducing costs and increasing efficiency.

Founder and Team Background

Aave was founded by Stani Kulechov, who was a law student at the University of Helsinki when he first conceptualized Aave as ETHLend. His vision was to create a more inclusive and transparent financial system. Kulechov’s background in law and his passion for blockchain technology have been pivotal in shaping Aave’s development.

ICO Price

The ICO for Aave (then ETHLend) was conducted in November 2017, raising $16.2 million. The initial offering price for LEND (now AAVE) was set at a rate that eventually valued each AAVE token at a fraction of a dollar, considering the rebranding and token swap of 100 LEND for 1 AAVE.

Risks Associated with Investing in the Coin

  • Liquidity Risk

  • : Changes in liquidity on the platform can affect loan terms and interest rates, impacting AAVE’s value.

  • Competitive Market

  • : The DeFi space is highly competitive, with numerous platforms offering similar services.

  • Dependency on Ethereum

  • : High gas fees and network congestion on Ethereum can deter users from using the Aave platform.

  • Economic Downturns

  • : Cryptocurrencies, including AAVE, can be heavily affected by broader economic downturns.

  • Technical Failures

  • : Any failure in Aave’s intelligent contracts could lead to significant losses for token holders.

Whitepaper Insights

The Aave Protocol, as detailed in its whitepapers, presents a comprehensive framework for a decentralized lending and borrowing platform that leverages blockchain technology to create a more inclusive and efficient financial ecosystem. The protocol is designed around the core concept of liquidity pools, aggregated collections of funds deposited by users who earn interest in return. This system allows borrowers to take out loans by providing collateral that is managed through smart contracts, ensuring security and transparency.

One of the key innovations introduced by Aave is the concept of “flash loans,” which are uncollateralized loans that must be borrowed and repaid within the same blockchain transaction. This feature is handy for developers and arbitrageurs who can leverage these loans to execute complex financial operations that would otherwise require significant capital outlay. The whitepaper emphasizes that this mechanism is designed to expand financial accessibility and flexibility, enabling a wide range of new applications in the DeFi space.

The governance of the Aave Protocol is another critical aspect highlighted in the whitepapers. AAVE, the native token, plays a central role in this mechanism, allowing token holders to vote on crucial protocol decisions such as upgrades and changes to risk parameters. This decentralized governance model aims to align the interests of all stakeholders and promote a community-driven approach to managing and developing the protocol. Additionally, the Safety Module, which allows AAVE holders to stake their tokens to provide a safety net for the protocol in case of deficits, illustrates the protocol’s focus on security and sustainability.

Overall, the Aave whitepapers detail a robust and innovative platform that seeks to improve the functionality and accessibility of traditional financial systems through decentralized solutions. The protocol’s continuous development and commitment to security, efficiency, and community governance are poised to keep it at the forefront of the DeFi industry.

Returns Calculator

One Time
Recurring

Investment Amount

Investment Period

Returns

9110

0%

AAVE to Converter

Quantity

AAVE

AAVE

Price

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Price as per 02:53 AM • 25 Jul 2024

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What is the price of Aave (AAVE)?

The current price of Aave (AAVE) in INR is ₹7,951.21 INR.

What is the current AAVE market cap?

The current market capitalization of Aave (AAVE) is ₹1,18,64,87,10,643.50 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of AAVE by the number of coins in circulation.

What is the current supply of Aave (AAVE)?

The current supply of Aave (AAVE) is 14877558.11 AAVE. This figure represents the total number of coins that have been mined and are currently in circulation.

What is the 24 trading volume of Aave (AAVE)?

The 24-hour trading volume of Aave (AAVE) in INR is ₹7,30,53,64,677.59. This figure represents the total value of all AAVE transactions across various exchanges within the last 24 hours.

How to Buy Aave (AAVE) in India?

To buy Aave (AAVE) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in AAVE.

Can I buy Aave (AAVE) with UPI?

Yes, you can buy Aave (AAVE) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.

How to Convert Aave (AAVE) to Indian Rupee (INR)?

To convert Aave (AAVE) to Indian Rupee (INR), you can use our AAVE/INR conversion rates in real time.

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