According to data disclosed by IntoTheBlock, Aave's lending activity on Ethereum has surged, with a net flow rising to $500 million in the past week. Several metrics of the Aave protocol have reached new highs, and the total supply of stablecoins is also significantly higher compared to 2021. According to DeFiLlama data, Aave's TVL is currently above the historical high set during the last bull market in October 2021, currently reporting $38.6 billion. The estimated annual revenue for the protocol is $117 million.