Over the past 24 hours, the token of the lending platform Aave rose by about 30%.
The asset’s market capitalization surpassed $3 billion, according to CoinGecko.
Aave sits fifth in the DeFi Llama ranking. TVL of the platform crossed the $14 billion mark, with the seven-day gain exceeding 10%.
Earlier this year the launch of Aave v3 took place. The new platform is integrated with six networks: Polygon, Fantom, Avalanche, Arbitrum, Optimism and Harmony.
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