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      Aave Protocol Surpasses $30 Billion in Deposits Amid Liquidity Recovery

      Aave, a leading decentralized finance (DeFi) lending protocol, has reported that total deposits have exceeded $30 billion, marking a significant 30% increase in the third quarter of the year. Stani Kulechov, the founder and CEO of Aave, announced this milestone on August 22, emphasizing that 'liquidity is back' in the ecosystem.

      The current deposit figure includes all assets supplied to the protocol, which also encompasses capital that has been borrowed and redeployed. Active loans on Aave are approximately $10 billion, indicating that a substantial portion of the deposited capital is actively utilized within the platform. The recent launch of Aave V4 has contributed to this growth, with deposits rising from around $50 million at the start of May to over $400 million by mid-August.

      Historically, Aave has seen higher net deposits, surpassing $50 billion in mid-2025. While the current $30 billion figure reflects a recovery from previous lows, it remains below the all-time highs of the protocol. Since its inception as ETHLend in 2017 and subsequent rebranding to Aave in 2018, the protocol has maintained its status as the leading decentralized lending platform, supported by governance through the AAVE token, which allows holders to influence protocol decisions.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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