Ethereum's DeFi sector is thriving, with the total value locked in the ecosystem surpassing $80 billion, its highest level in over two years. Key players like Aave and Uniswap have achieved significant milestones during this bullish wave, with Uniswap setting a new record for monthly trading volume on Ethereum layer-2 networks at $38 billion in November. Uniswap's native UNI token has also seen a 10% price increase. Aave, the largest DeFi lending platform, has reached a historic milestone with $33 billion in deposits, putting it among the top 1.4% in deposits if it were a US bank. AAVE, Aave's native token, has climbed 112% in 2021.



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