Aave and MakerDAO shine as DeFi revenues revisit 2021 highs amid new entrants
Various DeFi protocols generated large amounts of revenue in with many established protocols making revenue figures close to their 2021 highs.
Keep up with what's happening in the crypto world in real-time.
Various DeFi protocols generated large amounts of revenue in with many established protocols making revenue figures close to their 2021 highs.
Leading DeFi protocol Aave plans to enable a Fee Switch for its users, distributing part of its revenue to its token holders. The lending platform founder, Stani Kulechov, disclosed this in a post on X, stating, “Fee switch incoming.
Aave remained in a tight range on Saturday, but a combination of strong technicals and soaring deposits means that it could rebound soon.
A new proposal to hardcode the price of Ethena's USDe to match Tether's stablecoin USDT in Aave's pricing feed has seen huge pushback from community members. The proposal, jointly authored by Chaos Labs and LlamaRisk claims to protect Aave users from secondary market fluctuations.
The Aave community has pushed back against the proposal, questioning whether it addresses the core risks.
The decentralized finance (DeFi) ecosystem experienced a remarkable comeback in 2024, culminating in a Total Value Locked (TVL) of $154 billion by December, the highest in two years. A key player in this revival is Aave (AAVE), which has emerged as the largest DeFi platform, achieving unprecedented growth and cementing its dominance.
Aave CEO recently announced plans to launch new innovative contracts on Lens Network. Smart contracts for social feeds and groups, ERC-20 new versions, and innovative ERC71 contracts are some of the highlights.
Leading decentralized finance (DeFi) platform Aave has reached a significant milestone, hitting $35 billion in total net deposits. This marks Aave's new all-time high (ATH) in net deposits since 2021.
Despite the DeFi renaissance, AAVE's daily chart shows looming bearish trends.
Aave (AAVE), the leading decentralized finance (DeFi) protocol, reached an all-time high in total deposits, surpassing $33.4 billion in 2024. This milestone marked a significant leap over Aave's previous peak during the 2021 bull market, cementing its status as one of the most prominent protocols in the rapidly evolving DeFi space.
The lending platform also introduced Aave V4 in 2024, and Aave's GHO stablecoin expanded to multiple blockchain networks.
Most traders expect Bitcoin price to hit new highs throughout 2025, and charts suggest ETH, SOL, SUI and AAVE could be the top-performing altcoins this year.
Aave, a leading decentralized finance protocol, witnessed a remarkable year amid a host of key milestones.
Typical of every New Year, analysts predict different assets in the cryptocurrency ecosystem. Usually, the projections rely on technical analysis, historical precedence and ongoing market dynamics.
The wider cryptocurrency market has retraced downward after December 17 saw Bitcoin (BTC) reach a new all-time high (ATH) price of approximately $106,490. Following the high, the price of BTC retreated to roughly $94,000, before a failed retesting of the $100,000 mark.
A bearish chart pattern could send Bitcoin price to $76,000. What will BNB, AAVE, XMR and VIRTUAL do in the meantime?
The anticipated altcoin season (altseason) may take a pause before its next boom.
Sonic, formerly Fantom, has passed the first stage of launching Aave's third-generation lending protocol on its blockchain.
The Head of Research at Intotheblock.com revealed that on Christmas Day, someone stashed 125,000 ETH into the decentralized finance (defi) platform Aave. The platform has been buzzing with activity throughout the last quarter of the year. $417 Million in Ether Stashed in Aave on Christmas On Dec.
58.9% of top AAVE traders held short positions at press time.
AAVE, the native token of the leading decentralized lending protocol, continues its impressive rally, approaching its highest price in three years. With a market cap of $5.5 billion, AAVE is firmly positioned as the largest lending protocol in the crypto space, surpassing all other top 10 lending platforms combined.
Polygon (POL, formerly MATIC) is going through a significant crisis as the AaveDAO is set to vote on a proposal to leave the blockchain due to security concerns. Finbold turned to artificial intelligence (AI) to analyze this context and provide a Polygon price prediction if this comes true.
AAVE price continues to surge, cementing its position as the biggest lending protocol in crypto with a market cap of $5.5 billion—more than all other top 10 lending protocols combined.
Aave and Lido together have surpassed $70 billion in net deposits for the first time in history, as per Token Terminal.