Aave [AAVE] has maintained an annual revenue exceeding $100 million, even as the decentralized finance (DeFi) sector faces significant challenges. The platform has experienced $10 billion in outflows and a 40% drop in its token price over the past year. Despite these setbacks, Aave's weekly revenues average $3 million, contributing to a total fee income of $740 million, marking its highest revenue in five years.
According to DeFiLlama, the total value locked (TVL) in DeFi has decreased to approximately $120 billion, reflecting a broader market downturn. Nevertheless, Aave's resilience is evident as it continues to be a leading DeFi platform, weathering the market's fear, uncertainty, and doubt (FUD).
Aave Sustains $100M Annual Revenue Despite $60B DeFi Outflows
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