AA

Aave

AAVE 24 Hour Move
-7.64%
$124.87 → $115.33

Why Aave is down 7.6% today

Analysis

Aave (AAVE) fell 7.6% over the past 24 hours as traders reacted to news that a core technical contributor, BGD, will cease involvement with the Aave DAO, raising near-term uncertainty around development and governance continuity. The headline appears to have weighed on sentiment and prompted selling pressure during the period.

Contributing Factors (1)

#1
Cointelegraph 2 days ago

Core technical contributor to cease involvement with Aave DAO

After four years contributing, BGD Labs said it would be leaving the DAO, citing changes to the organization and taking an “adversarial position“ to its liquidity protocol.

Confidence
70%
Read source

Move Details

Asset Aave
Symbol AAVE
Direction ↓ Bearish
Timeframe 24 Hours
Start Price $124.87
End Price $115.33
Change -7.64%
Detected Feb 21, 2026 2:20 AM

Explanation Confidence

70%

High confidence in the explanation based on source reliability and timing.