The decentralized finance protocol Aave has reached 1 trillion dollars in cumulative lending volume, marking a historic milestone in the DeFi sector. Aave Labs CEO Stani Kulechov stated in an X post that this is a cornerstone of onchain lending, emphasizing Aave’s goal to become the world’s largest and most efficient liquidity network. This achievement demonstrates Aave’s strength despite fluctuations in the Ethereum ecosystem (such as treasury transactions following Vitalik Buterin’s sales by the Ethereum Foundation and Bitmine’s unrealized loss of 8,8 billion dollars in ETH).
Source: Aave
Aave Horizon Integration with TradFi and RWA
In August, Aave, which launched the Ethereum-based AAVE detailed analysis Horizon, supports stablecoin borrowing for traditional financial institutions with real-world assets (RWA). Institutions like VanEck, WisdomTree, and Securitize are among the first participants. This integration bridges DeFi with TradFi, increasing liquidity.
Aave TVL and Fee Revenues at Record Levels
The protocol’s total value locked (TVL) has exceeded 27,2 billion dollars, generating 83,3 million dollars in fees over the last 30 days and leaving competitors behind. This performance positions Aave as one of the DeFi leaders.
AAVE Price and Technical Analysis
AAVE price is currently at the 118,41 dollar level, showing a 0,74% increase in the last 24 hours. RSI at 44,24 is in the neutral zone, but the overall trend is downward (Supertrend: Bearish, EMA 20: 121,53 dollars). Strong supports: 111,30 dollars (S1, score 71/100) and 116,23 dollars (S2, score 70/100). Resistances: 119,17 dollars (R2, 0,64% distance) and 130,21 dollars (R1, score 77/100). Investors should monitor these levels for AAVE futures. Despite ETH weakness (60% drop in the last 6 months), Aave remains resilient.
Community Funding Approval Debate for Aave Labs
This achievement is overshadowed by the debate in the Aave community over approving a funding package of 42,5 million dollars in stablecoins and 75 thousand AAVE tokens for Aave Labs. In return, Labs will direct revenues to the DAO treasury. The debate is shaping the protocol’s future.
Source: https://en.coinotag.com/aave-breaks-1-trillion-dollar-cumulative-debt-record