On 8 September 2026, AAVE traded at about $130.33. That was up roughly 3.3% from $126.11 on 1 September and about 44% from $90.61 on 8 August (CoinPaprika daily snapshots, 00:00 UTC). The token held most of a sharp late-August rise and moved within a narrow band all week. The same day, Aave Labs launched an official Model Context Protocol (MCP) server, which lets AI assistants read Aave data and prepare transactions for the user to sign.
The week in numbers
All figures below are CoinPaprika daily snapshots in US dollars. They are not intraday highs or lows.
| Date (2026) | Price | 24h volume | Market cap |
|---|---|---|---|
| 1 Sep | $126.11 | $200.3M | $1.94B |
| 2 Sep | $128.08 | $269.8M | $1.97B |
| 3 Sep | $130.54 | $241.5M | $2.01B |
| 4 Sep | $132.31 | $266.3M | $2.04B |
| 5 Sep | $131.53 | $212.6M | $2.03B |
| 6 Sep | $134.92 | $241.1M | $2.08B |
| 7 Sep | $133.43 | $216.2M | $2.06B |
| 8 Sep | $130.33 | $194.8M | $2.01B |
- Seven days (1 to 8 Sep): +3.3%.
- Thirty days (8 Aug to 8 Sep): +43.8%.
- Snapshot range for the week: $126.11 (1 Sep) to $134.92 (6 Sep), a spread of about 7%.
- Against the all-time high: CoinPaprika records the high as $666.03 on 18 May 2021, which puts 8 September about 80% below it. Other data providers record a slightly different peak for the same day.
- Supply: CoinPaprika lists the maximum and total supply at 16 million AAVE.
Where the 30-day gain came from
Most of the monthly move came in five days. AAVE went from $90.19 on 19 August to $137.17 on 24 August, a gain of about 52%. Daily volume rose from about $152M to more than $600M over the same days. The price then eased to the $123–$127 range in late August, and the first week of September recovered part of that drop.
One dated announcement fell in the same month: Aave Labs' August 2026 development update says support for tokenized U.S. stocks on Aave V4 on Base was announced in August. It is context for the period, not an established cause of the price move.
Aave's 2026 so far, in dated steps
Step through the dated Aave events around the week to 8 September 2026: what shipped, what was paused and what came after.
- 30 Mar 2026Aave V4 goes live on Ethereumlaunched
V4 launched on Ethereum mainnet with a hub-and-spoke design and three hubs (Core, Prime and Plus), all with conservative supply and borrow caps that the Aave DAO raises over time.
- 19 Apr 2026AAVE buybacks pausedpaused
The Aave DAO paused AAVE buybacks after the rsETH bridge exploit of 18 April, in which unbacked rsETH entered Aave V3 markets on several chains. The proposal to pause was posted on 22 April.
- 15 Jul 2026V4 deploys on Avalanchelaunched
V4's first deployment outside Ethereum, with one Core Liquidity Hub and three markets: Main, AVAX Correlated and Forex.
- 13 Aug 2026AI-assisted security review publishedreported
Aave Labs reported no confirmed Critical or High findings from running AI tools against V3 and V4; the findings that held up after manual review were Low or Informational.
- 19–24 Aug 2026AAVE's five-day risemarket
AAVE went from $90.19 on 19 August to $137.17 on 24 August, about 52%, as daily volume rose from about $152M to more than $600M (CoinPaprika daily snapshots).
- 8 Sep 2026Aave MCP server launcheslaunched
Aave Labs launched its official MCP server, which lets AI assistants read Aave data and returns unsigned transactions for the user's own wallet to sign. AAVE traded at about $130.33 that day.
- 25 Sep 2026Tokenized U.S. stocks as collateral on Baselaunched
Seven tokenized U.S. equities became collateral-only assets in V4's Equities Hub on Base, with USDC as the only borrowable asset, in eligible geographies outside the United States.
- 1 Oct 2026September development updatereported
Aave Labs reported V4 deposits above $1B for the first time, with $310M in active loans, plus V4 launches on Arc and Base.
This lists dated events from the article only: it does not explain why AAVE's price moved, and it does not cover intraday prices or events after 1 October 2026.
What Aave shipped around the week
Aave MCP server (8 September 2026)
Aave Labs announced the official Aave MCP server at mcp.aave.com on 8 September 2026. According to the announcement:
- AI assistants that support MCP can read chains, markets, reserves and position data, including supplies, borrows, health factors and claimable rewards.
- It can build supply, borrow, withdraw, repay, collateral-toggle, eMode, rewards-claim and liquidation transactions. Swap and governance tools are also included.
- It covers Aave V3 and V4 through a single endpoint.
- The server returns unsigned transactions for the user's own wallet to sign. Aave Labs states: "The server holds no keys and cannot move funds."
Aave Labs' September development update adds that the server needs no authentication, API key or signup.
Earlier context: where Aave V4 stood
- Ethereum (30 March 2026): Aave V4 went live on Ethereum mainnet with a hub-and-spoke design. Liquidity sits in a hub, and spokes connect to it with their own collateral types, risk parameters and liquidation rules. It launched with three hubs (Core, Prime and Plus), all with conservative supply and borrow caps that the Aave DAO raises over time.
- Avalanche (15 July 2026): V4's first deployment outside Ethereum. It has one Core Liquidity Hub and three markets: Main, AVAX Correlated and Forex. Risk parameters and caps for each asset are published in the governance forum thread "Deploy Aave V4 on Avalanche".
- AI-assisted security review (13 August 2026): Aave Labs published the results of running AI tools against V3 and V4. It reported no confirmed Critical or High findings. The findings that held up after manual review were Low or Informational.
- August totals: Aave Labs' August development update said V4 deposits across Ethereum and Avalanche had passed $800M.
What happened after 8 September
These events came after the week this article covers. Aave Labs' September 2026 development update, posted 1 October 2026, reports:
- V4 deposits passed $1B for the first time, with $310M in active loans.
- V4 launched on Arc with USDC, EURC, cirBTC and WETH as launch reserves.
- V4 launched on Base with an Equities Hub. Its first market accepts seven tokenized U.S. equities as collateral, and USDC is the only asset that can be borrowed.
- Risk Stewards were activated on Ethereum, Avalanche and Base through AIP 523. They handle routine parameter changes within limits set by governance.
- Low-adoption reserves on V3 began to be wound down through AIP 521.
Aave Labs' blog dated the tokenized-stock launch 25 September 2026. The seven tokens are AAPLc, AMZNc, GOOGLc, METAc, MSFTc, NVDAc and TSLAc:
- They are collateral-only, and USDC is the asset borrowed against them.
- They are available only in eligible geographies outside the United States.
- Chainlink's 24/5 equity feeds price them. Over weekends and U.S. market holidays, the feeds hold the last published price.
A note on buybacks
The Aave DAO paused AAVE buybacks from 19 April 2026 after the rsETH bridge exploit of 18 April, in which unbacked rsETH entered Aave V3 markets on several chains. The governance proposal to pause was posted on 22 April.
Price, volume and market-cap figures here come from a single data provider's daily snapshots, and the protocol details come mostly from Aave Labs' own announcements.
