@aave has crossed a historic milestone, becoming the first-ever decentralized application to exceed $51 billion TVL. The protocol now accounts for 17.9% of the entire DeFi market, with the total DeFi TVL currently standing at $284 billion.
Aave operates as a sustainable business, generating $605 million in fees and $105 million in revenue over the past 12 months, and these figures continue to grow.
Aave is setting the standard for Web3 protocols, proving that decentralized applications can generate consistent revenue while serving both retail users, professional hedge funds, and other DeFi protocols.
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AAVE Becomes First DApp to Surpass $51B in TVL
@aave has crossed a historic milestone, becoming the first-ever decentralized application to exceed $51 billion TVL. The protocol now accounts for 17.9% of the entire DeFi market, with the total DeFi TVL currently standing at $284 billion.
Aave operates as a sustainable business, generating $605 million in fees and $105 million in revenue over the past 12 months, and these figures continue to grow.
Aave is setting the standard for Web3 protocols, proving that decentralized applications can generate consistent revenue while serving both retail users, professional hedge funds, and other DeFi protocols.