Aave achieved several of all time this week, fed by the heated crypto market.
The money market protocol reached $ 3 trillion In cumulative deposits on August 15, while it exceeds $ 29 billion in active loans on August 13, according to the TokenTerminal data.
In addition, Aave’s total value locked (TVL) to a record high more than $ 40 billion On August 14, based on Defillama data.
The performance comes in the midst of Defi Lending if the second largest category with $ 75.3 billion in combined TVL.
The credit sector shows strong growth
Defi-Leenprotocols jointly manage $ 75.3 billion in total value locked over 540 protocols, which means that it is the second largest Defi category behind the nearly $ 81 billion of Liquid strike.
The credit sector has posted a strong recent performance with 18.7% growth in the past month, so that most other Defi categories are surpassed. In addition, active loans reached around $ 43 billion on August 13, a new record for the sector.
Within this landscape, Aave orders a dominant position with around 66.7% market share of the Defi -credit market. The closest competitor of Aave, Morpho, has only $ 6.3 billion in deposits. As a result, Aave is almost six times larger.
The TVL of the protocol has grown by 25.7% in the last 30 days, with active loans increasing by almost $ 8 billion (38%) in the same period. This growth process positions an Aave Under the top 41 American commercial banks Due to deposit volume, prior to established institutions such as Barclays.
Token -Performance and growth costs
The Aave token rose on 8 April 138% of the 2025 soil. Aave founder Stani Kulechov projects the platform before the end of the year $ 100 billion in net deposits, which would place it among the 35 largest banks in the world with Deutsche Bank.
The expansion of the protocol is powered by institutional acceptance and strategic partnerships.
Nasdaq-Genten BTCS uses Aave to generate yields on Ethereum Holdings, while $ 6.4 billion of Ethesa’s used stablecoin and related assets are deposited on the platform.
This week, the multiple records of Aave are demonstrating the evolution of the protocol in a potential financial infrastructure of institutional quality, whereby the market share is increasingly integrated as traditional financial institutions that are increasingly integrating decentralized credit services.