Aave TVL rises to about $30 billion, a 50% increase from the year's lowest point.

【Aave TVL rises to about $30 billion, up 50% from the year's lowest point】Aave's total lock-up position (TVL) has surged to about $30 billion, a 50% increase from the year's lowest point of $20 billion, solidifying its status as a major lending protocol on Ethereum and the second-largest decentralized application by TVL. Aave currently generates over $1 million in daily fee income, indicating active use of the protocol, not just limited to passive capital deposits. The outstanding loans have also increased with the rise in TVL, currently around $10 billion, with a debt-to-TVL ratio of about 33%. The continued growth in lending activity highlights the ongoing appeal of DeFi in terms of product-market fit.