AAVE, a decentralized finance protocol (DEFI), has reached a new fund registration in the chain, according to Defillama data.
In an X publication, AAVE said it exceeded $ 40.3 billion in total locked value (TVL) on May 12. The data of the chain remembered that AAVE V3, the latest version of the protocol, has approximately $ 40 billion on TVL.
Aave is an Infici -Lending protocol that allows users to borrow cryptocurrencies for depositing other types of cryptocurrencies as a guarantee. Meanwhile, lenders obtain performance from borrowers.
“With the thesis milestones, AAVE is testing his domain in the loan space,” said Defi Jonaso analyst in a 12 x of May. TVL represents the total value of cryptocurrencies deposited in the intelligent contracts of a protocol.
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Break the maximum of all time
In December, AVE achieved a high TVL of all time largely because the price of Ethher (ETH) increased approximately 60% from the previous month. Ether and its strike derivatives constitute almost half of AAVE’s TVL, according to defillma data.
This time, the high TVL of all Aave’s time is also driven by entries or deposits by users.
In terms called Ether, AAVE TVL increased from around 6 million ETH at the beginning of 2025 to almost 10 million ETH on May 12. TVL measurement in ETH explains the impact of fluctuating prices of cryptocurrencies.
Before the president of the United States, Donald Trump, prevailed in the November elections, Ether quoted in less than $ 2,500. It reached its maximum point to almost $ 4,000 the following month, according to Google Finance data.
In the last month, Ether has also registered substantial profits, increasing about $ 1,500 per ether 30 days ago to approximately $ 2,500 axis or May 12, according to Google Finance data.
The price of Aave AAVE (AAVE) token has increased approximately 25% in the last seven days, reflecting a buoyant cryptographic market and TVL inputs, according to Coinmarketcap data.
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