Aave TVL recently hit a record high of 41.1 billion USD, equivalent to the 54th largest bank in the United States

On August 24, 2025, Aave’s total value locked soared to 41.1 billion USD, marking a new high for the decentralized protocol.

This TVL ranking places Aave at 54th among US commercial banks, exceeding Prosperity Bank’s 38.4 billion USD in deposits.

Aave controls about 50% of the DeFi lending market, with a total size of 71.1 billion USD when including outstanding loans.