Aave (AAVE)
Governance token of DeFi's largest decentralized lending protocol
Rank #33
~$1.45–1.5B Market Cap
Overview
AAVE is the governance token of Aave, one of the largest and most trusted decentralized lending and borrowing protocols in DeFi. Launched in 2020 (rebranded from ETHLend), Aave allows users to supply assets to earn interest or borrow against collateral in a non-custodial manner. Key innovations include flash loans, rate switching, and multi-chain deployment. AAVE token holders participate in governance decisions.
Why it matters for Crypto Barter
AAVE powers one of the most liquid DeFi ecosystems, making it excellent for collateralized crypto-to-crypto barters. Its multi-chain presence and security track record provide reliability for advanced trading strategies.
Key Facts
Symbol
AAVE
Created by
Stani Kulechov & Aave Team
Launch Date
January 2020
Consensus
Ethereum (ERC-20) + multi-chain
Total Supply
16 million AAVE (fixed)
Circulating
~15.2 million AAVE
History & Milestones
2017–2019
Started as ETHLend; rebranded and relaunched as Aave.
2020
AAVE token launch and airdrop; flash loans introduced.
2021–2022
Explosive growth during DeFi boom; expanded to multiple chains.
2023–2026
Aave V3-V4 rollout; GHO stablecoin launch; continued governance evolution.
Where AAVE Is Traded
Top 3 Hot Wallets for Crypto Barter
MetaMask
Standard wallet for Ethereum and Aave-compatible chains.
Direct connection to Aave for supplying/borrowing during trades.
Trust Wallet
Best all-round multi-chain hot wallet.
Simple QR-code scanning, built-in swaps, reliable performance.
Exodus
Beautiful interface with excellent portfolio tracking.
Live charts and user-friendly design help monitor value during trades.
How to Use with Crypto Barter App
Download your chosen hot wallet and set up your AAVE address.
If selling: Add your receiving AAVE address to "My Saved Wallet – Receive".
If buying: Verify the seller's wallet address via in-app chat.
Barter securely — send/receive AAVE with fast confirmations.
This is educational content only. Crypto involves significant risk and high volatility.
Always do your own research (DYOR) and never invest more than you can afford to lose.