See original
LIVE
quoc_hoang
--
Aave stands alongside traditional banks as net deposits reach ATH of $31 billion
The net deposits of the DeFi protocol Aave have reached a new record as of Monday, surging strongly and surpassing thousands of commercial banks in the United States. Aave is the widely used protocol for lending and borrowing services.
In the past month, crypto users have contributed an additional approximately $10.4 billion in net deposits to Aave, bringing the total to $31.4 billion, an impressive growth of 50% compared to $20.9 billion at the beginning of November.
In the past month, crypto users have contributed an additional approximately $10.4 billion in net deposits to Aave, bringing the total to $31.4 billion, an impressive growth of 50% compared to $20.9 billion at the beginning of November.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
55
0
Replies 0