- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
WE-Launch
Aave’s net deposits exceed $50 billion, becoming the first DeFi protocol to reach this milestone
Odaily News Aaves net deposits have exceeded $50 billion, making it the first DeFi protocol to reach this scale. The data counts its total collateral assets minus outstanding loans in 34 on-chain markets. Aaves founder said that more and more traditional financial institutions are beginning to use it as a lending infrastructure.
This breakthrough also reflects the overall recovery trend of DeFi. Data shows that since December 2024, the total locked value (TVL) of the DeFi industry has approached $120 billion, of which Ethereum on-chain lending business is dominant, with a locked value of over $63 billion. DefiLlama data shows that Aaves current TVL is about $29 billion, almost half of the field.
It is reported that the Aave governance community is promoting multiple upgrade plans such as Aave V4, intending to introduce account abstraction and native real-world asset vaults, while also planning to support Bitcoin Layer2 assets and expand the stablecoin GHO to more blockchain platforms. (The Block)
You may also like
Gainers
Latest Crypto News
BlackRock: Tokenization is evolving at a pace comparable to the early Internet, poised for significant growth
Whale "pension-usdt.eth" yesterday saw its ETH long position fall below the average price, with a position size reaching $56 million.
Dark Pool DEX HumidiFi to Launch ICO, Leading in Trading Volume Among Solana Ecosystem DEXs
「Bankrupt」 trader James Wynn opened a new 40x leverage BTC long position. Last week, he predicted that BTC would drop to $67,000 within the week.
DeFi protocol Zoo Finance has announced the completion of an $8 million strategic fundraising round.
Customer Support：@weikecs
Business Cooperation：@weikecs
Quant Trading & MM：[email protected]
VIP Services：[email protected]
App