Aave becomes the first DeFi protocol to surpass $1 trillion in total loans
The DeFi protocol Aave made history by becoming the first in the industry to exceed $1 trillion in total loans issued. This milestone highlights the protocol’s widespread adoption and significant role in decentralized finance.
Currently, around $27.2 billion is locked in the protocol, and in the past 30 days, Aave generated $83 million in fees — nearly four times the amount earned by its nearest competitor.
This achievement reflects the ongoing growth of the DeFi sector and underscores Aave’s position as a market leader in decentralized lending.
