Aave Surpasses $30 Billion in Active Borrows Amidst Record Deposit Inflows

The DeFi protocol Aave has surpassed $30 billion in total active borrows, indicating robust growth fueled by capital inflows and strategic expansions.

  • This milestone was confirmed by DeFiLlama, showing Aave's total borrows at approximately $30.5 billion.
  • On September 15, Aave also set records with $73.2 billion in deposits and $41.85 billion in total value locked (TVL).

Aave’s Growth Strategy

  • Aave's market share is supported by a multi-chain strategy, recently launching on the Aptos network, its first non-EVM blockchain deployment.
  • Last week, Aave overtook Lido to become the largest DeFi protocol by TVL.

AAVE Price Performance

  • The AAVE token experienced a volatile year, peaking over $400 in early 2025, dropping below $120 in April, and recovering to around $302.
  • This reflects Aave's fundamental growth and expansion into new networks, alongside record deposit volumes.

AAVE 1-year price chart | Source: TradingView