According to Defillama, Aave, a decentralized financial protocol (DEFI) protocol, has achieved a brand new recording of Fonds Onchain.
In an X contribution, Aave said that on May 12, 40.3 billion US dollars were exceeded in total value (TVL). Onchain data show that Aave V3, the newest version of the protocol, has around 40 billion US dollars on TVL.
AAVE is a Defi -Kredit protocol with which user borrow cryptocurrency by putting other forms of cryptocurrency as collateral. In the meantime, the lenders receive the return of borrowers.
“With these milestones, Aave proves its dominance within the loan room,” said Defi -Analyst Jonaso ready of May twelfth. TVL represents the full value of the cryptocurrency, which is stored within the intelligent contracts of a protocol.
Aave V3S TV over time. Source: Defillama
Always break high
In December, Aave mainly achieved an all-time high TV because the worth for ether (ETH) rose by about 60% in comparison with the previous month. According to Defillama, the ether and his staks derivatives make up almost half of the TVL from Aave.
This time Aaves All-Time High TVL can also be powered by the insoles of users.
At the start of 2025 to almost 10 million ETH on May 12, Aaves TVL rose from around 6 million ETH of around 6 million ETH. The measurement of TVL in ETH is the consequences of fluctuating cryptocurrency prices.
Before US President Donald Trump enforced within the November elections, Ether was traded with lower than 2,500 US dollars. According to Google Finance, it reached a highlight of just about 4,000 US dollars the next month.
In the past month, Ether also made considerable profits, which in keeping with Google Finance dated May 12, from around 1,500 USD per ether 30 days ago to around $ 2,500.
The price for a neighborhood Aave token has increased by about 25% previously seven days, which, in keeping with Coinmarketcap, reflects a floating crypto market and protracted TVL inflows.
