{"id":20083,"date":"2025-01-02T11:35:58","date_gmt":"2025-01-02T09:35:58","guid":{"rendered":"https:\/\/forklog.com\/en\/net-deposits-at-defi-protocol-aave-surpass-34bn\/"},"modified":"2025-01-02T11:35:58","modified_gmt":"2025-01-02T09:35:58","slug":"net-deposits-at-defi-protocol-aave-surpass-34bn","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/net-deposits-at-defi-protocol-aave-surpass-34bn\/","title":{"rendered":"Net deposits at DeFi protocol Aave surpass $34bn"},"content":{"rendered":"<p>Over the past 30 days, net deposits on Aave reached $34.35bn, a new record among lending protocols.<\/p>\n<p><!--more--><\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"293\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Aave-4-1024x293.png\" alt=\"Aave-4\" class=\"wp-image-249055\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/Aave-4-1024x293.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/Aave-4-300x86.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/Aave-4-768x220.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/Aave-4-1536x440.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/Aave-4.png 1548w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/tokenterminal.com\/explorer\/projects\/aave?v=NzlhMDE3NTQ3OWRkNTM4Y2E2NjJlNDVi\">Token Terminal<\/a>.<\/figcaption><\/figure>\n<p>The platform has been the consistent leader in DeFi Llama\u2019s lending category. The project\u2019s <span data-descr=\"total value locked\" class=\"old_tooltip\">TVL<\/span> stands at about $21bn; by comparison, the nearest rival \u2014 JustLend \u2014 is at $6.06bn.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/DeFiLlama-7.webp\" alt=\"DeFiLlama-7\" class=\"wp-image-249056\"\/><figcaption class=\"wp-element-caption\">Lending platforms ranked by TVL. Data: <a href=\"https:\/\/defillama.com\/protocols\/lending\">DeFi Llama<\/a>.\u00a0<br \/><\/figcaption><\/figure>\n<p>In 2024 Aave added support for several networks, including BNB Chain, Scroll and ZKsync Era.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Aave_chains.webp\" alt=\"Aave_chains\" class=\"wp-image-249057\"\/><figcaption class=\"wp-element-caption\">Networks supported by the protocol\u2019s third version. Data: <a href=\"http:\/\/aave.com\">aave.com<\/a>.\u00a0<br \/><\/figcaption><\/figure>\n<p>If approved by the community this year, developers may also integrate <a href=\"https:\/\/forklog.com\/en\/news\/sonic-labs-launches-mainnet-and-announces-airdrop\">Sonic<\/a>, Mantle, Linea, the Bitcoin-based L2 BOB, Spider Chain and Aptos.\u00a0<\/p>\n<p>The DeFi segment picked up markedly after <a href=\"https:\/\/forklog.com\/en\/news\/donald-trump-becomes-47th-president-of-the-united-states-implications-for-the-crypto-industry\">Donald Trump\u2019s victory<\/a> in the presidential election on November 5. This is largely linked to optimism in the community, <a href=\"https:\/\/forklog.com\/en\/news\/donald-trump-declares-himself-the-crypto-president\">expecting<\/a> a more favourable regulatory environment for cryptocurrencies in the United States.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"513\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/01942377-ed84-7231-a96c-aef28aa38829-1024x513.png\" alt=\"01942377-ed84-7231-a96c-aef28aa38829\" class=\"wp-image-249058\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/01942377-ed84-7231-a96c-aef28aa38829-1024x513.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/01942377-ed84-7231-a96c-aef28aa38829-300x150.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/01942377-ed84-7231-a96c-aef28aa38829-768x385.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/01942377-ed84-7231-a96c-aef28aa38829-1536x770.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/01942377-ed84-7231-a96c-aef28aa38829-2048x1027.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Market-cap dynamics across major crypto sectors. Data: The TIE Terminal, <a href=\"https:\/\/cointelegraph.com\/news\/aave-net-deposits-33-4-billion-surpassing-2021\">Cointelegraph<\/a>.<\/figcaption><\/figure>\n<p>Net deposits are the difference between the total value users have deposited and the value of coins withdrawn from the protocol over a given period. The metric helps assess overall capital inflows or outflows.<\/p>\n<p>Positive net deposits indicate rising confidence in the project, when more funds are added than withdrawn.<\/p>\n<p>In 2023 Aave\u2019s developers launched the decentralised stablecoin GHO, allowing users to borrow the asset against crypto collateral. The team later <a href=\"https:\/\/forklog.com\/en\/news\/aave-developers-launch-gho-stablecoin-on-arbitrum-network\">added<\/a> support for the Arbitrum L2.\u00a0<\/p>\n<p>In May 2024 Aave Labs <a href=\"https:\/\/forklog.com\/en\/news\/aave-labs-unveils-roadmap-for-fourth-protocol-version\">unveiled<\/a> the roadmap for the protocol\u2019s fourth version.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Over the past 30 days, net deposits on Aave reached $34.35bn, a new record among lending protocols.<\/p>\n","protected":false},"author":1,"featured_media":20082,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1212,1093,1097],"class_list":["post-20083","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-aave","tag-defi","tag-lending"],"aioseo_notices":[],"amp_enabled":true,"views":"48","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20083","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=20083"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20083\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/20082"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=20083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=20083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=20083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}