Aave (AAVE) Live Price in Rial and USD – Chart & Market Info
Last Update : 23:45 Saturday 24 October 2026
Aave (AAVE) Market Rank: 42
Market Cap: 1,723,288,892
24h Volume: 359,401,107
Max Supply: -
Total Supply: 16,000,000
Issue Date: 2 October 2020
🏦 Introduction to Aave (AAVE)
Aave is a decentralized finance (DeFi) protocol that allows users to lend and borrow cryptocurrencies without intermediaries. Launched in 2017 by Stani Kulechov as ETHLend, it rebranded to Aave in 2018. The name "Aave" means "ghost" in Finnish, reflecting its focus on transparency and openness.
The native token, AAVE, is used for governance, staking, and fee reductions. Aave operates on Ethereum and other EVM-compatible networks like Polygon and Avalanche.
Key Features
- Flash Loans: uncollateralized loans that must be repaid within one transaction
- Choice between fixed and variable interest rates
- Decentralized governance through AAVE token holders
- Multi-chain support for broader accessibility
Use Cases
- Earn interest by supplying liquidity to the protocol
- Borrow assets by providing collateral
- Utilize flash loans for arbitrage and complex trading strategies
- Participate in protocol governance and decision-making
Challenges
- Liquidity risks during high market volatility
- Complexity for newcomers to DeFi platforms
- Competition from other lending protocols like Compound and MakerDAO
Aave stands out in the DeFi space with its innovative features, commitment to security, and user-centric approach.
Aave Price History
Based on our daily records since 15 October 2020, the highest Aave price was 628.75 USD (18 May 2021) and the lowest was 27.69 USD (4 November 2020).
| Date | USD Price | IRR Price | Change to Now |
|---|---|---|---|
| 1 week ago | 153.01$ | 405,937,500 IRR | 10.3% |
| 1 month ago | 146.04$ | 345,088,320 IRR | 6.0% |
| 3 months ago | 101.47$ | 189,343,020 IRR | 35.3% |
| 1 year ago | 228.94$ | 248,514,370 IRR | 40.0% |
| 3 years ago | 86.09$ | 44,035,035 IRR | 59.5% |
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