- #5349
Aave BUSD v1 ABUSD
ABUSD Price
Market Cap
--Rank #5349FDV
$297,827.19Rank #4369Investors
X Followers
Detailed Performance
ABUSD shows Neutral behaviour against top cryptocurrencies, leading categories and blockchains over various time periods
ABUSD to USD Converter
About Aave BUSD v1 (ABUSD)
What makes Aave BUSD v1 unique?
Aave BUSD v1 is unique compared to other cryptocurrencies because it is a tokenized version of BUSD (Binance USD) specifically designed for the Aave lending and borrowing platform. Aave BUSD v1 represents the underlying BUSD asset at a 1:1 ratio, meaning that 1 Aave BUSD v1 is equivalent to 1 BUSD. This allows users to supply their BUSD to the Aave market and earn yield on their assets, while also being able to safely store, transfer, or trade their Aave BUSD v1 tokens. Additionally, the yield earned on the supplied BUSD is distributed directly to the holders of Aave BUSD v1 tokens, increasing their wallet balance over time.
Live Aave BUSD v1 Price Data
The current price of Aave BUSD v1 (ABUSD) is approximately $0.9994, reflecting a increase of 0.05% in the last 24 hours. The ABUSD trading volume in the last 24 hours stands at $0.00.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Aave BUSD v1's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on ABUSD, check out our crypto insights page.