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2025-05-12 23:02:44

tzongocu on Nostr: πŸ“° News Alert... πŸ”– Title: Aave Sets New Record with Over $40 Billion in Total ...

πŸ“° News Alert...

πŸ”– Title: Aave Sets New Record with Over $40 Billion in Total Value Locked
πŸ—“οΈ Published: 2025-05-12T15:02:00-04:00
πŸ“„ Summary: Aave, a prominent decentralized finance (DeFi) protocol, has reached a groundbreaking milestone, surpassing $40.3 billion in total value locked (TVL) on-chain. This significant achievement places Aave v3 at the forefront of the lending market, allowing users to borrow cryptocurrency while lenders earn yields. The recent surge in TVL is driven by strong user deposits and a bullish crypto market, particularly buoyed by the rise in Ether prices. With this accomplishment, Aave demonstrates its enduring dominance in the DeFi landscape.
πŸ”—
https://cointelegraph.com/news/de-fi-lender-aave-reaches-40b-in-value-locked-onchain

πŸ—žοΈ Source: Cointelegraph by Alex O’Donnell
πŸ’“ #DeFi #Cryptocurrency #Aave
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