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DeFi Token AAVE Soared More Than 10 Times In The Past Three Months

Mary Liu

Summary: AAVE, the native token of the money market protocol Aave, has achieved an increase of over 10 times in the past three months, data from Bitpush shows. As of press time, the price of AAVE reached approximately $305 compared to $26.3 on November 5, 2020. Aave is a decentralized money market protocol where users can ...

AAVE, the native token of the money market protocol Aave, has achieved an increase of over 10 times in the past three months, data from Bitpush shows.

As of press time, the price of AAVE reached approximately $305 compared to $26.3 on November 5, 2020.

Aave is a decentralized money market protocol where users can lend and borrow cryptocurrencies across 20 different assets as collateral, it is reported that billionaire Mark Cuban holds more than $128,000 worth of AAVE.

By Mary Liu

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