Aave TVL rose to approximately US$30 billion, a 50% increase from its lowest point for the year
According to online reports, Aave's total locked position (TVL) has soared to approximately US$30 billion, a 50% increase from the year's low of US$20 billion, consolidating its position as Ethereum's main lending agreement and TVL's second-largest decentralized application. Aave's current daily fee income exceeds US$1 million, indicating that the agreement is actively used and is not limited to passive capital deposits. Outstanding loans have also grown with TVL and are currently around US$10 billion, with a debt-to-TVL ratio of approximately 33%. The continued growth in lending activity highlights DeFi's continued appeal in terms of product and market fit.
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