Buy AAVE.
Purchase AAVE in a few taps. Buy with a credit, debit card or bank transfer.
Purchase AAVE in a few taps. Buy with a credit, debit card or bank transfer.
Aave is a decentralized finance (DeFi) protocol that enables users to lend and borrow cryptocurrencies without intermediaries. Launched in 2020, Aave operates on multiple blockchains, including Ethereum, Polygon, and Avalanche, providing a non-custodial liquidity market where users can earn interest on deposits and borrow assets with overcollateralization.
The protocol's native token, AAVE, serves several purposes: it grants holders governance rights to propose and vote on protocol changes, acts as a security buffer in case of deficits, and can be staked to earn rewards. Aave's innovative features include flash loans, which allow users to borrow assets without collateral, provided the loan is repaid within the same transaction block.
The total supply of AAVE tokens is capped at 16,000,000, with a circulating supply currently around 15,173,259.57 and a total supply of 16,000,000. The current price of AAVE stands at $275.37, contributing to a market capitalization of approximately $4,178,564,401.00. Aave reached its all-time high price of $661.69 on May 18, 2021, reflecting its significant growth and adoption in the DeFi space.
Aave's architecture includes aTokens, which are interest-bearing tokens minted upon deposit and burned when redeemed. These tokens accrue interest in real-time, providing users with a transparent and efficient way to earn yields. The protocol also supports stable and variable interest rates, giving borrowers flexibility based on market conditions.
The Aave protocol has undergone multiple audits, maintains an active bug bounty program, and employs a robust risk framework to manage collateral and liquidation processes. Its open-source nature encourages community participation and continuous improvements, making Aave a dynamic and resilient DeFi platform.
In addition to lending and borrowing, Aave has expanded into new financial products through initiatives like Aave Arc, a permissioned liquidity pool designed for institutional users. This strategic move aims to bridge the gap between traditional finance and decentralized finance by offering compliant DeFi solutions tailored to regulatory requirements.
By offering a comprehensive suite of lending, borrowing, and yield-generating services, Aave has established itself as a cornerstone of the DeFi ecosystem. Its innovation, community-driven governance, and focus on security empower users worldwide with greater financial autonomy, driving the next evolution of decentralized finance.
Swap assets for AAVE with fixed price execution on Nexo’s crypto exchange.
Borrow funds from 2.9% interest without selling any of your AAVE.
Spend your funds on Credit and Debit Mode from a single card and earn interest on your spendable balance.
Make free AAVE transfers to your family or friends as long as they have a Nexo account.
You can buy AAVE directly with a credit or debit card, as well as cards connected to your Apple Pay or Google Pay.
To learn more about how to buy AAVE via card, visit our dedicated Help Center article.
You can top up funds from your local bank via a bank transfer. EUR and GBP transfers arrive quickly, while USD wires generally take up to 2 business days to be reflected in your account.
Once your funds arrive, simply go to the Exchange tab inside the Nexo app and swap them for the amount of AAVE you want.
To start receiving crypto cashback on AAVE purchases, your account balance needs to be above $5,000 worth of digital assets. The specific amount you receive depends on your Loyalty Tier.
To get the maximum crypto cashback amount, maintain an account balance above $5,000 worth of digital assets and join the Platinum Loyalty Tier by holding at least 10% of NEXO Tokens against the rest of your portfolio.
To find out the exact reward rates for each tier, visit our Help Center.
We use multiple custodians including Ledger Vault, Fireblocks, and others, to diversify our custodial infrastructure. Along with that we offer:
You can learn more about our fundamentals here.
