- AAVE reached $73.2 billion in deposits, surpassing Lido’s total value locked.
- DeFi market value jumped above $160 billion, showing renewed investor confidence.
- AAVE trades near $298, facing resistance at $312 and key support levels.
Investors are flooding back into decentralized finance, and Aave — AAVE , is at the center of this surge. The lending platform recently shattered records, drawing unprecedented liquidity that reflects a growing hunger for yield. Founder Stan Kulechov announced net deposits of $73.2 billion, celebrating the milestone with confidence. This figure places Aave ahead of major competitors and signals a revival across DeFi markets unseen since early 2022. Capital now moves like a rising tide, lifting leading protocols with powerful momentum.
AAVE Rises Above Rivals
Recent data from DefiLlama shows Aave’s Total Value Locked climbing from $31 billion to $41.85 billion in one month. That leap allowed the platform to overtake staking giant Lido, which currently holds $39.58 billion. Such swift growth demonstrates a renewed belief in decentralized lending. Ethereum continues to dominate the broader sector with $94.5 billion locked, while Solana follows with $12.7 billion.
The entire DeFi market recently crossed $160 billion, a level not reached since April 2022. Investors appear eager to explore opportunities beyond Bitcoin and Ethereum. Funds now pour into blue-chip names like Aave and Lido before spilling into smaller DeFi projects. This pattern suggests traders expect strong yields and long-term potential within decentralized ecosystems.
Market watchers view Aave as a clear leader capable of sustaining momentum . The rapid influx of liquidity speaks to user confidence and a hunger for decentralized alternatives to traditional banking. Each deposit acts like a vote of trust, reinforcing Aave’s growing influence.
AAVE Faces Near-Term Pressure
Despite this impressive growth, the native token AAVE faces short-term challenges. The coin trades near $298, reflecting a 4.5 percent decline over the past 24 hours. Market uncertainty weighs on price action, even as deposits climb to record highs. AAVE recently met resistance around the 30-day simple moving average near $312. The current level of $298 aligns with the 78.6 percent Fibonacci retracement, making this zone critical support.
A decisive drop below $298 could open a path toward $276. Bulls must defend the $298 to $305 range to prevent deeper losses. Still, the long-term view remains bright. Over the past year, AAVE’s market capitalization has more than doubled, adding roughly $2.5 billion. Strong fundamentals and relentless innovation keep investors optimistic despite short-term volatility. Aave’s story reads like a testament to DeFi’s enduring appeal.
Even when markets wobble, demand for decentralized lending remains strong. With liquidity surging and rivals trailing, Aave appears ready to guide the next chapter of decentralized finance. Aave shattered records with $73.2 billion in net deposits, surpassing Lido’s total value locked. DeFi market value climbed above $160 billion as investors chased decentralized yield.
