Aave Ethereum USD Coin

1. Summary

Ranks

Liquidity

-

Developer

-

Social

11

Momentum (beta)

0

Stack Rank™

-

Price

$0.000000000000 0.0%

Market Cap

$ (#31997)

Supply

/

Tags

Ethereum Ecosystem

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Price
All Time High (ATH) Date	5th Jun 2025 (2 weeks ago)
All Time Low (ATL) Date	5th Jun 2025 (2 weeks ago)

Supply & Trading Volume

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Description

Aave Ethereum USD Coin (AETHUSDC)

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Aave Ethereum USD Coin (AETHUSDC)

Aave Ethereum USD Coin Market

• Project Overview: Aave Ethereum USD Coin (AETHUSDC) is part of the Aave lending protocol in the Ethereum market, which enables users to borrow and lend crypto assets seamlessly using smart contracts. This decentralized platform automates the lending process, providing liquidity and facilitating peer-to-peer lending without intermediaries.

• Working Mechanism: Users can deposit their cryptocurrencies as collateral to borrow other assets, and the smart contracts handle the lending process, ensuring that borrowed amounts are within 80% of the deposited collateral's value. This is known as the loan-to-value (LTV) ratio. The deposited assets are added to liquidity pools, which are used to lend to borrowers, and the interest earned is distributed to depositors.

• Features:

  • Lending Options:
    • Fixed Annual Percentage Yield (APY): Users can supply cryptocurrencies to Aave, selecting from a range of assets such as Ether (ETH), Dai (DAI), Aave (AAVE), U.S. Dollar Coin (USDC), and Tether (USDT).
    • Flexibility: Users can deposit and withdraw their assets at any time, along with earned interest.
  • Smart Contract Security:
    • Ethereum Blockchain Protection: The Aave protocol is built on the Ethereum network, ensuring decentralized and secure transactions.
    • Risk Consideration: While Aave has strong security measures in place, it is still susceptible to potential smart contract vulnerabilities, as seen in the Flash Loan hack in 2022.

• Native Token (AAVE): The AAVE token, used for governance and earning interest through staking, helps maintain the decentralization and liquidity of the platform.

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