The leading decentralized finance (DeFi) protocol Aave has reached a significant milestone, surpassing $10 billion in active loans. This represents a 300% increase in lending activity since the beginning of the year. In the last 30 days, active loans on the platform increased by 16.4% to reach $10.04 billion, while the total value locked (TVL) rose by 26.7% to $15.96 billion. Fees have increased by 48% to $40.34 million, and annualized revenue projections stand at $113.84 million. Aave's growth reflects the broader growth of DeFi. The platform is also exploring new opportunities, including a potential integration with Spiderchain, a Bitcoin layer-2 network. However, despite these achievements, the native AAVE token has recently seen a decline in value.



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