AAVE, a leading decentralized finance (DeFi) protocol, has reached a total value locked (TVL) of $69 billion. This milestone positions AAVE as comparable in size to the 38th largest bank in the United States, highlighting the growing influence of DeFi platforms in the financial sector. The significant TVL underscores the increasing adoption and trust in on-chain financial solutions.
AAVE's Total Value Locked Hits $69 Billion, Comparable to Major US Banks
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