Aave Governance Token Slides 30% Over Four Weeks
The governance token's losses exceeded those of bitcoin and ether, while Aave's dollar-denominated locked value fell by a smaller proportion.
Aave's governance token has dropped 30% over the past four weeks, according to TheDefiant. The losses for the governance asset outpaced the declines seen in larger digital assets including bitcoin and ether during the same period.
Total Value Locked Holds
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Despite the sharp decline in the governance token's price, Aave's dollar-denominated locked value experienced a more modest decrease. The total value locked fell by a smaller proportion compared to the governance token's valuation drop.
Key Facts
- Aave governance token fell 30% in four weeks
- Losses exceeded those of bitcoin and ether
- Dollar-denominated locked value fell by a smaller proportion
Source: thedefiant.io
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