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Aave becomes first DeFi lending protocol to hit $50B in net deposits
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Growth attributed to TradFi adoption, yield farming, and RWA tokenization
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Supports 34 chains and major stablecoins like USDC and PYUSD
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AAVE token trades near $326, up 7% in 24 hours
Landmark Milestone for DeFi
Aave has passed a major threshold, with over $50 billion in net deposits across its protocol. It’s the first decentralized lender to reach this level, reflecting increased use by fintechs, TradFi institutions, and DeFi users alike.
Net deposits are calculated as supplied collateral minus borrowed assets, and Aave’s presence spans 34 blockchains, including Ethereum and Avalanche.
Institutional Momentum and Upgrades Ahead
Founder Stani Kulechov noted rising institutional interest and highlighted Aave Arc’s success in permissioned DeFi lending. The platform's Horizon initiative also targets institutional real-world asset tokenization.
Aave is also planning its next major upgrade, Aave V4, which aims to support account abstraction, expand GHO stablecoin support, and integrate Bitcoin Layer 2 assets. The broader DeFi ecosystem is also rallying, with total TVL nearing $120B.
