Aave’s monthly average TVL for March jumped 10%. The revenue in the last week of March plunged 8% from the previous week. The total funds deposited on DeFi lending and borrowing protocol, Aave [AAVE], grew steadily since the start of 2023. As per Token Terminal, the monthly average total value locked (TVL) for March jumped […]
The revenue in the last week of March plunged 8% from the previous week., grew steadily since the start of 2023. As per Token Terminal, the monthly average total value locked for March jumped 10% from the previous month’s data, and as much as 18% from January.
Additionally, the governance token of the ecosystem, AAVE, exhibited a remarkable year-to-date growth of 42% and a weekly expansion of over 1o%, perWith favorable metrics to support, the DeFi protocol plans to foray into other popular layer-1 and layer-2 solutions.Mark Zeller, the founder of the Aave-Chan Initiative and an active participant in Aave’s governance, recentlyto deploy Aave Version 3 on Binance’s BNB chain.
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