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aave [old]  (LEND)

Aave [OLD] (LEND)

$3.89 -8.9%
0.00006883 BTC -3.0%
0.00173897 ETH -4.7%
10,820 people like this
Market Cap
$232,867,954
24 Hour Trading Vol
$67,702
24h Low / 24h High
$3.57 / $4.27
Circulating Supply
59,839,578 / 1,299,999,941
Fully Diluted Valuation
$5,058,998,313
Max Supply
1,299,999,941
LEND
USD

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100% 0%
1h
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16078.5%

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Aave [OLD] Price and Market Stats

LEND Price $3.89
Aave [OLD] ROI 19357.7%
Market Cap $232,867,954
Market Cap Dominance 0.01%
Trading Volume $67,702
Volume / Market Cap 0.0003
24h Low / 24h High $3.57 / $4.27
7d Low / 7d High $3.65 / $4.80
Market Cap Rank #238
All-Time High $5.72 -32.0%
Feb 10, 2021 (2 months)
All-Time Low $0.00329759 117911.5%
Aug 18, 2019 (over 1 year)
Affiliate disclosures
# Exchange Pair Price Spread +2% Depth -2% Depth 24h Volume Volume % Last Traded Trust Score
1 LEND/ETH Info 0x80fb784b7ed66730e8b1dbd9820afd29931aab03
$3.90
0.0017417130543546 ETH
0.6% $9,882 $9,852
$48,775.31
12503.487 0X80F
72.04% Recently
2 LEND/ETH Info 0x80fb784b7ed66730e8b1dbd9820afd29931aab03
$3.87
0.0017274198119146 ETH
0.6% $4,964 $4,949
$18,963.43
4894.039 0X80F
27.96% Recently
3 LEND/ETH Info 0x80fb784b7ed66730e8b1dbd9820afd29931aab03
$4.24
0.0016991620205659 ETH
0.62% $226 $226
$164.22
38.771 0X80F
- **3 days ago
4 LEND/ETH
$4.04
0.0016428145719999 ETH
- - -
$37,015.12
9153.141 LEND
- **3 days ago -
5 LEND/ETH 0x80fb784b7ed66730e8b1dbd9820afd29931aab03
$3.65
0.0017009893946375 ETH
- - -
$319.16
87.366 0X80F
- **7 days ago -
Show More
* Anomaly - Trading price is an outlier against the average
** Inactive - No trades in the last 3 hours

About Aave [OLD] Coin

Aave [OLD] price today is $3.89 with a 24-hour trading volume of $67,702. LEND price is down -8.9% in the last 24 hours. It has a circulating supply of 60 Million LEND coins and a max supply of 1.3 Billion. Uniswap (v2) is the current most active market trading it.

Aave is a decentralized lending platform that runs on Ethereum Network which offers secure, peer-to-peer lending Smart Contracts. Aave strives to break through the traditional bank loans system with a more efficient solution. Aave also uniquely allows a borrower and a lender to decide on important loan details that can eliminate the need of a middle man. Due to the elimination of middlemen, process fee for a loan does not exist on this platform. This provide convenience to any lender and borrower to create loans on their agreed terms. Decentralized lending has fixed many issues and one of the reasons why is the transparency of loan.

The Ethereum network provides a transparent ledger where all transactions are available to be inspected. Secondly, it isn’t necessary to find a trusted loan provider because all collateral which is the digital asset for loans are stored and locked in a smart contract and broadcasted on the public ethereum blockchain. It is also flexible for borrower to manage the collateral by refilling or withdrawing part of it. Borrower may make such changes when the lender is notified and aware of such movement. If the lender finds out that the action is not communicated, the lender is allowed to initiate a margin call.

This year, Aave has made a major upgrades in its Q1 2018. They have deployed the new development for their peer-to-peer lending application named Alpha 0.3. The development process of Alpha 0.3 has started since the early of 2017. The new release also includes a completely new user interface which targets to lower the learning curve of user experience on the app. Furthermore, the new user interface has new sections to make lending process simpler such as including a ‘My Loan’ section, collectible badges and more. Other than that, the team is also in the process of developing more updates for the smart contracts. Hence, the team has decided to provide zero-fee lending with the use of LEND token as a medium of exchange, as an alternative to borrowing in Ethereum. The purpose of this is to provide a cross-blockchain lending currency which will prompt users to use LEND as the medium of exchange.

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