Details about Aave AMM USDT cryptocurrency
Aave AMM USDT
AAMMUSDT
Unknown for now
€0
22,570
1
Unknown
https://aave.com/
@aaveaave
55948600x
€52310200
Aave AMM USDT price charts
AAMMUSDT exchanges
Aave AMM USDT, the crypto
Aave AMM USDT (AAMMUSDT) is a cryptocurrency that operates as a decentralized automated market maker (AMM) on the Aave platform. AAMMUSDT is a stablecoin that is backed by the US dollar and its value is meant to remain constant.
The point
The main point of Aave AMM USDT (AAMMUSDT) is to provide stability and liquidity to the decentralized finance (DeFi) market. It acts as a bridge between the traditional financial markets and the decentralized ones by providing a stable and reliable currency that can be used for transactions and investments.
The problem
The problem that Aave AMM USDT (AAMMUSDT) tries to solve is the volatility and uncertainty that is often associated with other cryptocurrencies. By providing a stablecoin that is backed by the US dollar, AAMMUSDT aims to eliminate the risk associated with price fluctuations and provide a more reliable currency for DeFi transactions.
Compare AAMMUSDT and BTC performance
| Timeframe | AAMMUSDT | BTC |
|---|---|---|
| 1h change | 0.0536398 % | -0.234911 % |
| 24h change | 0.41 % | 1.25967 % |
| 7 day change | 0.14 % | -1.44157 % |
| 14 day change | 0.14 % | -9.47799 % |
| 30 day change | 0.69 % | -7.33786 % |
| 200 day change | -1.97 % | 129.168 % |
| Year change | 2.36 % | 129.33 % |