The AAVE token of the DeFi platform Aave has reached a three-year high price despite the recent market correction. According to DefiLlama, there is a steady increase in total value locked (TVL), token prices, and fees. Aave's TVL has grown from $6.62 billion in January to $23.1 billion in December. Santiment's analysis shows that the rise in AAVE is linked to the activation of previously inactive tokens.