CoinIvy

Market weather: green · Bitcoin above its 20-week average (31 Oct 2026)

AaveAAVE

The token of Aave, the largest crypto lending protocol; protocol revenue funds automated AAVE buybacks.

Rank #47Since October 2020
Price on 31 Oct 2026
C$188.60 +43.4% since 31 Jul 2026 · 76.4% below its all-time high

The short version

Aave is the largest crypto lending protocol, where users lend and borrow assets across many networks; it grew out of ETHLend, founded by Stani Kulechov in 2017, and is developed by Aave Labs. Since 27 Jun 2026, protocol revenue funds automated AAVE buybacks. On 29-30 Oct 2026 Aave froze its Ethereum markets after a hacker deposited stolen USDT; it reported no loss. On 31 Oct 2026 one AAVE cost C$188.60. From 31 Jul 2026 to 31 Oct 2026 its price changed +43.4% in Canadian dollars, and it was 76.4% below its all-time high of C$798.29 set on 18 May 2021.[1]

Checked 31 Oct 2026 · 16 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$323.82 (3 Nov 2025) · low C$84.97 (7 Jun 2026) · -41.1%[1]

Month-end prices (table)
DateC$US$
31 Oct 2026C$188.26US$134.85
30 Sep 2026C$235.23US$165.24
31 Aug 2026C$169.72US$122.40
31 Jul 2026C$139.50US$99.43
30 Jun 2026C$129.73US$91.33
31 May 2026C$114.21US$82.78
30 Apr 2026C$126.68US$93.29
31 Mar 2026C$134.52US$96.76
28 Feb 2026C$159.54US$116.66
31 Jan 2026C$185.84US$137.74
31 Dec 2025C$204.46US$149.30
30 Nov 2025C$255.70US$182.31

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026
C$188.60[1]
3-month change
+43.4% in C$ (31 Jul 2026 to 31 Oct 2026)[1]
From its high
76.4% below its high of C$798.29 (18 May 2021)[1]
Market rank
#47, market value about C$2.9B[1]
Kind
Token · Ethereum (ERC-20); also bridged to other chains
Started
October 2020

Checks: the same 9 questions for every coin

Facts, not a rating
Can an admin key create new coins?NoNo mint function; supply fixed at 16M, contract upgradeable only by Aave governance[2, 3]
Can anyone freeze or take coins from holders?NoThe token has no admin roles, blacklist or freeze function[2]
Can the token's contract code be changed?YesUpgradeable proxy contract on Ethereum[4]
Is the supply capped?Yes16 million maximum with no mint function[3]
Any scheduled unlocks in the next 12 months?YesOnly the 75,000 AAVE Labs grant, about 0.12% of circulating a year[5]
Does a team or foundation hold over 10% of supply?Not disclosedCurrent team, investor and reserve holdings are not published[3]
Do network fees reach coin holders?YesRevenue funds automated AAVE buybacks since 27 Jun 2026[6]
Main network hacked or halted in the past 2 years?NoNo attacker exploit; a Mar 2026 oracle error cost users US$862K, reimbursed[7]
Is a regulator or court case targeting the coin itself?NoThe SEC closed a four-year probe in Dec 2025; no live case found[8]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Run by
Aave DAO (AAVE holders) and Aave Labs; founder Stani Kulechov[9, 5]
DAO funding
Apr 2026 'Aave Will Win' framework: the DAO funds Aave Labs with US$25M and 75,000 AAVE[5]
Market controls
Governance can freeze lending markets; used on 29-30 Oct 2026 while withdrawals and liquidations kept working[10]
Token contract
Upgradeable proxy administered by Aave governance; no mint function[2, 3, 4]

Supply

In circulation
15.44M AAVE of a 16.00M maximum (96.5%)[1]
Total
16 million AAVE: 13M for the 2020 LEND migration and a 3M ecosystem reserve; 96.5% circulating[3, 11]
Unlocks
Only the 75,000 AAVE Labs grant vests, over four years (about 0.12% of circulating a year)[5]

Use and fees

Fees
US$638M over the past year; DefiLlama counts US$20.4M to holders, missing the automated buyback[12]
Buybacks
Automated AAVE buybacks funded by revenue since 27 Jun 2026 (Aavenomics 3.0)[6]
Security
Immunefi bug bounty up to US$1M; audits by OpenZeppelin, Trail of Bits, Certora and others[13]

Trading

Daily trading
About C$381.8M a day on average, 31 Jul 2026 to 31 Oct 2026[1]
Daily turnover
Typically 12.06% of its market value changes hands each day[1]
20-week average
15.4% above its 20-week average price[1]
1-year change
-38.5% in C$[1][14]

History

Not a forecast

Coins ranked 11-50 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 1,080 cases, 157 coins

46% were higher a year later[15]

Typical result
Median -6% after a year; 61% higher after two years
Lost half or more
25% within a year
Against Bitcoin
12% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

No red flags found
  • A misconfigured price oracle wrongly liquidated 34 positions for US$862K on 10-12 Mar 2026; users were fully reimbursed.[7]
  • Aave reopened its Ethereum markets on 30 Oct 2026 with tighter borrowing limits.[16]
  • The Aave Chan Initiative said it would wind down its DAO role after the Apr 2026 framework vote.[5]

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

  1. CoinGecko market data, 31 Oct 2026
  2. Aave token package docs (npm)
  3. Aragon token profile (AAVE)
  4. GoPlus token security (Ethereum), 1 Nov 2026
  5. Cointelegraph (Aave Will Win), Apr 2026
  6. The Defiant (Aavenomics 3.0), Jun 2026
  7. DefiLlama hacks, 31 Oct 2026
  8. Decrypt (SEC probe closed), Dec 2025
  9. Wikipedia (Aave)
  10. crypto.news (market freeze), 30 Oct 2026
  11. CoinMarketCap coin page, 31 Oct 2026
  12. DefiLlama fees and revenue, 31 Oct 2026
  13. Immunefi (Aave bug bounty)
  14. Bank of Canada USD/CAD rate, 31 Oct 2025
  15. CoinIvy history data: CoinMarketCap weekly rankings 2013-2026, dead coins included
  16. Yahoo Finance (Aave reopens), 30 Oct 2026

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.