- #752
Aave [OLD] LEND
LEND Price
Market Cap
$44.93 MRank #752FDV
$1.62 BRank #506Investors
Twitter Followers
Twitter Performance
148Rank by Twitter #8303- 0
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Detailed Performance
LEND shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods
LEND to USD Converter
Price History
- All-Time High
- $23.5918.87x to ATH
- All-Time Low
- $0.0₁₄26250000000000000x to ATL
- Trade Launch Date
- 30 Nov, 2017
2311 days ago
Exchanges
Exchanges type
About LEND
Aave [OLD] refers to the older version of the Aave protocol. Aave is an open-source and non-custodial protocol that allows users to earn interest on deposits and borrow assets with a variable or stable interest rate. The protocol is designed for easy integration into various products and services. The newer version of Aave is simply referred to as Aave, while Aave [OLD] represents the previous version of the protocol.
What makes Aave [OLD] unique?
Aave [OLD] (now known as AAVE) is a decentralized lending platform that offers a unique set of features compared to other cryptocurrencies. Here are some key advantages of Aave:
1. Decentralized Governance: Aave is governed by its token holders, allowing them to participate in important decision-making processes. This decentralized governance model ensures transparency and community involvement in the platform's development.
2. Wide Range of Assets: Aave supports a diverse range of assets for borrowing and lending, including both cryptocurrencies and traditional assets. This broad selection allows users to access liquidity and earn interest on various types of assets.
3. Flash Loans: Aave introduced the concept of flash loans, which are uncollateralized loans that can be executed within a single transaction. Flash loans enable users to borrow funds instantly and repay them within the same transaction, making them useful for arbitrage and other trading strategies.
4. Yield Farming: Aave also offers yield farming opportunities through its liquidity mining program. By providing liquidity to the platform, users can earn additional AAVE tokens as rewards, incentivizing participation and fostering a vibrant ecosystem.
5. Security and Audits: Aave has implemented robust security measures and undergone multiple audits to ensure the safety of user funds. This commitment to security has earned Aave a reputation for being a trusted and reliable lending platform.
Overall, Aave stands out for its decentralized governance, diverse asset selection, flash loans, yield farming opportunities, and strong emphasis on security. These factors contribute to its unique position in the cryptocurrency space.
Live Aave [OLD] Price Data
The current price of Aave [OLD] (LEND) is approximately $1.25, reflecting a increase of 416843838419959808.00% in the last 24 hours. The LEND trading volume in the last 24 hours stands at $590.53. Aave [OLD]'s market cap is currently $44.93 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of LEND is 35.95 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Aave [OLD]'s performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on LEND, check out our crypto insights page.
LEND to USD Converter
Price History
- All-Time High
- $23.5918.87x to ATH
- All-Time Low
- $0.0₁₄26250000000000000x to ATL
- Trade Launch Date
- 30 Nov, 2017
2311 days ago