Aave (AAVE) TVL reaches record high
Son Min
Summary
- Aave (AAVE)'s TVL was reported to have reached $73.217 billion, an all-time high.
- The Aave founder said this TVL record demonstrates the competitiveness of decentralized finance (DeFi).
- Meanwhile, Aave was reported to be trading at 300 dollars on the Binance USDT market, down 3.65% from 24 hours earlier.
The locked deposits (TVL) of crypto asset (cryptocurrency) lending protocol Aave (AAVE) reached an all-time high.
On the 15th (local time), Stani Kulechov, the founder of Aave, said on X (formerly Twitter), "Aave's TVL has surpassed $73.217 billion," adding, "This is an all-time high. Decentralized finance (DeFi) will ultimately prevail."
As of 6:36 p.m., Aave is trading at 300 dollars on the Binance USDT market, down 3.65% from 24 hours earlier.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
