Details about Aave AMM WBTC cryptocurrency
Aave AMM WBTC
AAMMWBTC
Unknown for now
€0
0
1
Unknown
https://aave.com/
@aaveaave
55554800x
€3490620000000
Aave AMM WBTC price charts
AAMMWBTC exchanges
Aave AMM WBTC, the crypto
Aave AMM WBTC (AAMMWBTC) is a cryptocurrency based on the Aave protocol. It is a decentralized, autonomous market maker (AMM) designed to enable fast and efficient trading of WBTC and other cryptocurrencies. It allows users to swap between various tokens at a predictable price without the need for an order book, while liquidity is provided by a network of liquidity providers.
The point
The main point of Aave AMM WBTC (AAMMWBTC) is to provide a fast and efficient way for users to swap between various tokens. It allows for fast and secure transactions without the need for an order book or centralized exchange. It also provides liquidity for market participants by utilizing a network of liquidity providers, who earn fees for their contributions.
The problem
Aave AMM WBTC (AAMMWBTC) aims to solve the problem of liquidity and price volatility in decentralized markets. By providing liquidity through a decentralized market maker, it enables fast and efficient trading of various tokens without the need for an order book or centralized exchange. It also helps to reduce price volatility by providing a predictable price for token swaps.
Compare AAMMWBTC and BTC performance
| Timeframe | AAMMWBTC | BTC |
|---|---|---|
| 1h change | -0.213299 % | 0.0588057 % |
| 24h change | 2.22 % | -0.404713 % |
| 7 day change | 6.95 % | 5.50996 % |
| 14 day change | -1.04 % | -1.44245 % |
| 30 day change | 5.02 % | 3.57258 % |
| 200 day change | 139.85 % | 136.373 % |
| Year change | 153.04 % | 150.626 % |