AAVE TVL broke at all more than $ 40 billion

AAVE, a central financing protocol (Defi), has reached a new record of onchain money, according to Defillama data.

In x mailAAVE said it reached $ 40.3 billion in the total closed value (TVL) on May 12. Onchain data Reveal AAVE V3, the latest version of the protocol, has about $ 40 billion in TVL.

AAVE is a Defi lending protocol that allows users to borrow the cryptocurrency by depositing other types of encrypted currency as a guarantee. Meanwhile, lenders gain returning from borrowers.

“With these landmarks, AAVE has proven its dominance in the lending space,” said Jonaso, an analyst in Devi on May 12. mail. TVL represents the total value of the cryptocurrency -filled currency in the protocol.

Related: AAVE rises by 13 % with the passage of a re -purchase proposal between the distinguished symbol holders

Breaking its levels at all

In December, AAVE TVL has ever achieved a rise because the ETHER (ETH) price increased by almost 60 % from the previous month. The ether and its exciting derivatives are approximately half of the AAVE TVL, according to Data From Devilia.

This time, the high TVL is moved at AAVE at all with the flows of deposits by users.

With the conditions submitted by the ether, TVL rose from about 6 million ETH at the beginning of 2025 to approximately 10 million ETH on May 12. TVL measurement in ETH explains the effect of encrypted currency fluctuations.

Before US President Donald Trump prevailed in the November elections, the ether was circulated at less than $ 2,500. Its peak was about $ 4,000 the following month, according to data from Google Finance.

Last month, Ether also made great gains, increasing from about $ 1500 per ether 30 days ago to about $ 2,500 as of May 12, according to Google Finance data.

The original AAVE (AAVE) icon (AAVE) has increased by about 25 % in the past seven days, reflecting the booming encryption market and continuous TVL flows, according to Data From Coinmarketcap.

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