Aave reported a record $4 million in interest income from its GHO lending business in the third quarter, according to analyst @JackMandin. This marks the highest quarterly interest income for Aave, which benefits directly as the issuer of GHOs, allowing it to collect the full amount as protocol revenue. The expansion of GHO loans is expected to play a significant role in Aave's future revenue growth.
Aave Achieves Record $4 Million in Q3 Interest Income from GHO Loans
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