This DeFi token dominates crypto lending, AAVE crosses $95

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Aave News

Cryptocurrencies

AAVE, the token of an Open Source protocol has surged to $95 on Saturday, June 29.

total value locked in the chain has crossed $12.34 billion, per DeFiLlama data.

’s TVL has hit $12.34 billion, up from $6.84 billion on January 2. The rise in TVL can be attributed to the growing market share of the protocol in lending and utility among market participants. dominates the chart between July 2023 and June 2024 capturing over 40% in market capitalization. Crypto lending protocols market cap A proposal for a series of upgrades to the

 

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