Arthur, founder of DeFiance Capital: Avae, a solid foundation in the DeFi field, with both market performance and growth potential

Aave, as the core pillar of the DeFi field, has impressive market performance and growth potential. As of August 2024, Aave's total active loans reached $7.50 billion, five times that of the second-ranked Spark. Aave's quarterly revenue has exceeded the peak of the bull market in 2021, and its TVL has nearly doubled since the beginning of the year, recovering to 51% of the peak of the 2021 cycle. Despite the reduction of token incentives, Aave still achieved a 50-60% revenue growth through organic growth. The upcoming Aave V4 and token economics reforms will further consolidate its dominant position in the decentralized lending field.

 

Aave's competitive advantage is also reflected in its protocol security management, bilateral Network Effect, DAO governance, and multi-chain ecosystem positioning. In the future, Aave will further enhance its market influence by unifying the liquidity layer, expanding more chains and asset classes, and introducing RWA products.

 

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