Trade Responsibly. Trade Responsibly.CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84.72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

AAVEUSD - AAVE vs US Dollar

Swap Short: -20 %Swap Long: -20 %
Low: 74.48Spread MT5 floatingHigh: 74.80
Global Stock Exchanges Session Times
Sydney
8:25 am (Local)
Opens in 49h 25m
Tokyo
6:25 am (Local)
Opens in 50h 35m
London
10:25 pm (Local)
Opens in 57h 35m
New York
5:25 pm (Local)
Opens in 64h 5m

AAVEUSD Trading Chart

D1
W1
M1
No chart data
Past performance is not a guarantee or prediction of future performance.

Trading Conditions

Platform
Edge
Edge
MT4
MT5
Execution
Market Execution
Market Execution
EdgeFloating spreads
Minimum: 203.00Average: 215.96
Market Hours*Open Now
Market Hours*Open Now
Limit and Stop Level400
1 tick value0.01
Minimum contract size0.01 lot
1 lot size1 AAVE
1 PIP value per 1 lot in USD0.01 USD
Minimum step for increasing contract size0.01 lot
Margin requirements to open a lock position *0
Execution ModeMarket (irrelevant of platform or Account type)

* Only if Margin Level > 100%

The average spreads provided for each platform are updated on a daily basis to reflect the average for the previous day. Though FxPro attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal trading conditions. FxPro has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.

Aave

Aave was created in Finland by Stani Kulechov, a young master of law and a recent graduate of the University of Helsinki. Initially, it was a decentralised crypto lending platform based on the De-Fi protocol and was used to provide an opportunity to lend and borrow cryptocurrencies at both floating and fixed fees.

Influenced by Ethereum, Stani founded his company ETHLend in 2017. In that year, the project managed a $16.2 million ICO. The main product was a new P2P platform of a similar type, like the one described above. Users might trade branded LEND tokens and manage to sell more than a billion of them before they faced a lack of liquidity as early as 2018.

The project had to be transformed and turned into Aave, which means 'ghost' in Finnish. The developers chose this name to intrigue users with a wide range of innovative technologies for decentralised finance.

However, the AAVE token appeared much later than the platform at the end of 2020. At that time, the previous LEND coins were exchanged for new ones at a ratio of 100 to 1. The Aave V2 main net, which is still operating today, went live a couple of months later, also in 2020.