What is AAVE / TetherUS (AAVEUSDT)?
AAVE / TetherUS (AAVEUSDT) is a spot trading pair on Binance that tracks the price of AAVE against Tether (USDT), a US-dollar-pegged stablecoin. AAVE is the native governance token of the Aave protocol, a decentralized, non-custodial lending and borrowing platform built on blockchain networks. As a spot market, it lets traders buy and sell the underlying asset directly rather than through leveraged derivatives. TradeSearcher has run over 2,500 backtests on this pair, drawing on historical data going back to 2007 to evaluate strategy performance across a wide range of market conditions.