Record-breaking AAVE growth: AAVE achieved remarkable growth in 2024 with net deposits amounting to 33.9 billion USD and active loans reaching 13.6 billion USD. This surge indicates a strong recovery from the 2022 downturn and reflects a rising preference for decentralized finance solutions over traditional systems.
Adoption on base blockchain: AAVE’s integration onto the Base blockchain has attracted over 75,000 active users monthly, surpassing Ethereum and Polygon in user engagement. This transition emphasizes the appeal of efficient and cost-effective DeFi platforms, boosting AAVE’s prominence in the competitive DeFi market.
Leave a Reply