Aave reaches multiple all-time highs as protocol hits $3 trillion deposits

Aave reached aggregate all-time highs this week, fueled by the heated crypto market.

The wealth marketplace protocol reached $3 trillion successful cumulative deposits connected Aug. 15, portion surpassing $29 cardinal successful progressive loans connected August 13, according to Token Terminal data.

Additionally, Aave’s full worth locked (TVL) climbed to a grounds high above $40 billion connected Aug. 14, based connected DefiLlama data. 

The achievements travel amid DeFi lending emerging arsenic the second-largest class with $75.3 cardinal successful combined TVL.

Lending assemblage shows beardown growth

DeFi lending protocols collectively negociate $75.3 cardinal successful full worth locked crossed 540 protocols, making it the second-largest DeFi class down liquid staking’s astir $81 billion. 

The lending assemblage has posted a beardown caller show with 18.7% maturation implicit the past month, outpacing astir different DeFi categories. Furthermore, progressive loans reached astir $43 cardinal connected August 13, a caller grounds for the sector.

Within this landscape, Aave commands a ascendant presumption with astir 66.7% marketplace stock of the DeFi lending market. Aave’s nearest competitor, Morpho, holds conscionable $6.3 cardinal successful deposits. As a result, Aave is astir six times larger. 

The protocol’s TVL has grown 25.7% implicit the past 30 days, with progressive loans expanding by astir $8 cardinal (38%) successful the aforesaid period. This maturation trajectory positions Aave among the apical 41 US-chartered commercialized banks by deposit volume, up of established institutions similar Barclays.

Token show and maturation outlook

The AAVE token has surged 138% from its 2025 bottommost connected April 8. Aave laminitis Stani Kulechov projects the level could scope $100 cardinal successful nett deposits earlier year-end, which would spot it among the world’s 35 largest banks connected par with Deutsche Bank.

The protocol’s enlargement has been driven by organization adoption and strategical partnerships. 

Nasdaq-listed BTCS uses Aave to make output connected Ethereum holdings, portion $6.4 cardinal of Ethena’s USDe stablecoin and related assets are deposited connected the platform.

Aave’s aggregate records this week show the protocol’s improvement into a imaginable institutional-grade fiscal infrastructure, capturing marketplace stock arsenic accepted concern institutions progressively integrate decentralized lending services.

The station Aave reaches aggregate all-time highs arsenic protocol hits $3 trillion deposits appeared archetypal connected CryptoSlate.