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Decentralized finance protocol Aave setting new on-chain records

  • Aave, a decentralized finance lending protocol, set a record with total value locked exceeding $40.3 billion on May 12, 2025.
  • This milestone stems from rising Ethereum prices, surging from $1,500 to $2,550 in the past month, boosting user deposits and protocol growth.
  • On-Chain data shows active loans on Aave now represent nearly 66% of the crypto lending market, confirming its leadership in the sector.
  • On May 12, DeFi analyst Jonaso noted that Aave continues to establish a leading position within the lending sector, highlighting renewed interest from both institutions and users.
  • Aave’s record TVL signals growing trust in decentralized lending platforms, highlighting increasing adoption of DeFi as an alternative financial infrastructure.
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The Defiant broke the news in on Monday, May 12, 2025.
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