Aave has surpassed $1 trillion in cumulative lending.
The protocol has $27.2 billion in total value locked, dominating the DeFi lending space.
Aave aims to integrate more with banks and fintech companies.
Aave has surpassed $1 trillion in cumulative lending, making it the first decentralized finance protocol to do so. This milestone further solidifies Aave’s position as the leading on-chain lending solution.
Aave Labs CEO Stani Kulechov called the milestone proof that decentralized finance has matured into a core component of digital markets. He emphasized that Aave aims to build the most efficient liquidity network in global finance.
Over the past 30 days, Aave generated $83.3 million in fees. The protocol currently secures $27.2 billion in total value locked (TVL), nearly four times more than its closest competitor.
From ETHLend to DeFi Leader
Kulechov originally launched Aave as ETHLend in November 2017. He rebranded the protocol to Aave in September 2018. Since th
We współpracy z: https://thenewscrypto.com/aave-surpasses-1t-in-defi-lending-milestone/
