Aave governance dispute ahead of $51M funding vote curtails AAVE gains

AAVE AAVE - $122.933 price hit an intraday high of $119.35 earlier today before pulling back to $116.60, though it remains in the green with a 2.8% gain over 24 hours. Despite this short-term rise, market sentiment is cautious as the Aave community prepares to vote for a contentious revenue redirection proposal. The vote concerns a proposed $51 million funding package for Aave Labs, the team behind the protocol's core development. The Aave governance dispute The Aave decentralised autonomous organisation (DAO) faces increasing scrutiny over this proposal. Critics argue that Aave Labs has already received substantial funding, estimated at over $86 million from various sources, including past grants, ICO proceeds, and swap fees.

Source: invezz.com

Related symbols: AAVEUSD

2026-02-25 13:59:02 GMT.

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Price & Market Data

Price: $122.933

Volume 24h: $454,372,529.04

Market Cap: $1,884,482,693.78

Description

Aave (AAVE) is a cryptocurrency and operates on the Ethereum platform. Aave has a current supply of 16,000,000 with 15,329,240.76443058 in circulation. The last known price of Aave is 118.09422208 USD and is up 4.68 over the last 24 hours. It is currently trading on 1256 active market(s) with $344,724,983.49 traded over the last 24 hours. More information can be found at https://aave.com/.