AAVE lending TVL reaches 40 billion USD with soaring fees – Key reasons for its significance

AAVE leads the DeFi lending sector with a TVL of 40 billion USD, indicating a dominant position in the market.

The protocol’s daily fees exceeded 3 million USD, reflecting strong utilization and network effects.

Since December, AAVE’s TVL has doubled, highlighting increasing capital inflows and reinforcing its significance in the evolving DeFi landscape.