Last modified on 11. October 2020
- Jump to:
This section presents the quarterly averages (trimester) for trading volume, market capitalization and trading price for 2017, 2018, 2019 and 2020.
Trading Volume & Market Capitalization
For example, Aave had an average trading volume of over US$ 393 k per day for the first trimester of 2019. Over the same period in 2018, this figure came to over US$ 15.1 m. The corresponding drop down in trading volume was 97.4 percent.
For the first trimester of 2019, the average market capitalization equated to over US$ 9.2 m. This figure came to over US$ 130 m during the same period the year before. Market capitalization retraced down accordingly by 92.9 percent.
The all-time high of Aave in 2020
The price of the Aave currency reached a peak in August 2020 at just under US$ 0.89. At this trading price, the token reached a market capitalization of nearly US$ 1.1 billion. This put Aave in the ballpark of certain other digital currencies, such as UNUS SED LEO, Neo, Huobi Token, IOTA and VeChain, among others.
Aaves all-time high compared to Bitcoin and the most renowned companies worldwide
Bitcoin, by far the largest cryptocurrency at the time, had a market capitalization of US$ 212 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 2164 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 91 billion.
- Aave (LEND): 1.1 bn US dollars
- Bitcoin (BTC): 212 bn US dollars
- Apple (AAPL): 2164 bn US dollars
- VW (VWAGY): 91 bn US dollars
- Date: 26 August 2020
The Aave-Token is not a native cryptocurrency and is not created through mining. It has no maximum number of tokens, unlike HedgeTrade, for example. If you are interested in the source code, be sure to also visit the GitHub page.
This block explorer can be used to track the current block height and other real-time metrics around all Aave transactions.
To delve deeper into the world of Aave, download the white paper or find more links to community forums, source code and social media channels, visit ethlend.io.
A large market for buying or selling Aave in USD is Binance. There are additional platforms where you can buy or sell Aave, including OKEx, CoinBene and Huobi Global, among others.
A large market for buying or selling Aave in BTC is Binance. Additional trading platforms for buying or selling Aave in BTC are Bilaxy, OKEx and Bibox, among others.
1. Or 0.5087 percent, if omitting Bitcoin.