{"id":35283,"date":"2021-01-25T11:06:17","date_gmt":"2021-01-25T09:06:17","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=35283"},"modified":"2025-08-29T00:37:21","modified_gmt":"2025-08-28T21:37:21","slug":"aave-token-hits-all-time-high","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/aave-token-hits-all-time-high\/","title":{"rendered":"Aave token hits all-time high."},"content":{"rendered":"

The native token of the Aave lending project has risen more than threefold since the start of the year to a new all-time high of $288.7 (on Kraken). This was driven by strong user demand for flash loans and a rally in the DeFi sector overall.<\/p>\n

<\/p>\n

AAVE ended 2020 at $88.65. According to CoinGecko<\/a>, in the last seven days the token rose 43.7%. This places AAVE first in momentum among the top-10 DeFi assets. In daily trading volume the token trails only Chainlink (LINK).<\/p>\n

\\\"Aave<\/p>\n

Data: TradingView.<\/p>\n<\/div>\n

In the DeFi Pulse rankings the project held the second place after Maker, pulling away from the third-placed Compound. The total value locked (TVL) since the start of 2021 rose from $1.99 billion to $3.89 billion by the time of writing. Growth factors included the rise in Ethereum price and addition of new tokens to the protocol.<\/p>\n

<\/div>\n
\\\"Aave<\/p>\n

Data: DeFi Pulse.<\/p>\n<\/div>\n

The daily turnover of operations in the Aave protocol rose from $200 million on January 3 to $928 million on January 16. 26.8% of the AAVE supply was moved to staking with an annual percentage yield (APY) of 6.1%. The volume of instant loans issued over the last year rose to $1.8 billion, supported by DAI, USDC and ETH.<\/p>\n

\\\"Aave<\/p>\n

Volume of instant loans issued. Data: Aave.<\/p>\n<\/div>\n

The rising interest in flash loans may reflect a growing number of users who employ them, among other things, for arbitrage between decentralized exchanges.<\/p>\n

In December, developers of the RSK platform announced the launch of a tool enabling interaction between Bitcoin and AAVE<\/a>.<\/p>\n

Earlier, the launch of the second version<\/a> of the lending protocol Aave occurred.<\/p>\n

Subscribe to ForkLog news on Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

The native token of the Aave lending project has risen more than threefold since the start of the year to a new all-time high of $288.7 (on Kraken). This was driven by strong user demand for flash loans and a rally in the DeFi sector overall.<\/p>\n","protected":false},"author":1,"featured_media":35284,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1212,1093],"class_list":["post-35283","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-aave","tag-defi"],"aioseo_notices":[],"amp_enabled":true,"views":"10","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35283","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=35283"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35283\/revisions"}],"predecessor-version":[{"id":35285,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35283\/revisions\/35285"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/35284"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=35283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=35283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=35283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}