Aave price today: Aave (AAVE), the decentralized application platform token, is trading at $148.3201 (-1.62% in 24h), ranked #48 with a $2.29B market cap and a Paprika Trust Score of 55/100 across 264 liquidity-verified markets.
Aave (AAVE) is a decentralized finance (DeFi) protocol that allows users to lend and borrow cryptocurrencies without intermediaries, utilizing smart contracts on the Ethereum blockchain. As of Oct 20, 2026, it trades at $148.3201 with a market cap of $2.29B, ranking #48 among tracked cryptocurrencies.
Its native token, AAVE, is used for governance and incentivizing the platform's ecosystem. Source: CoinPaprika.com
What is the AAVE token used for?
The AAVE token is associated with hosting decentralized applications, building and executing smart contracts, ethereum (eth) token (erc-20), marketplace, loans, finance & banking, decentralized finance (DeFi) applications, binance coin (bnb) token (bep-20), and made in usa, based on the tags CoinPaprika applies to Aave.
Aave history and key milestones
Aave started on Oct 13, 2020, CoinPaprika's price data for it begins on Oct 13, 2020, and it reached an all-time high of $666.0293 on May 18, 2021.