Aave (AAVE) current price is $373.68 and -0.33% down
According to eHalal Digital Assets, Aave current price is $373.68 with a market cap of $4.83 B. Its price is -0.33% down in the last 24 hours.
- Aave (AAVE)
- Live Price $373.68
- Market Cap $4.83 B
- Volume $382.82 M
- Available Supply 12.94 M AAVE
- Rank 29
More Info About this Token from an Islamic View
AAVE is a lending ecosystem designed to help holders of cryptocurrency lend their coins out for a higher return. The crucial thing here is that a cryptocurrency is borrowed and then more of that cryptocurrency is returned.
That is straightforwardly riba and not permissible. AAVE itself is not a haram asset per se, but our (cautious) view is that it is so inextricably linked up in its very origination as something that gets value from lending activity, that it is not something to support by even holding AAVE.
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