Aave TVL rises to approximately $30 billion, a 50% increase from the lowest point of the year

According to a report by Golden Finance, Aave's total lock up volume (TVL) has soared to approximately $30 billion, up 50% from its lowest point of $20 billion this year, consolidating its position as the main lending protocol for Ethereum and the second largest decentralized application for TVL. Aave's current daily fee income exceeds $1 million, indicating active use of the agreement, not limited to passive capital deposits. Unpaid loans have also increased with TVL, currently around $10 billion, with a debt to TVL ratio of approximately 33%. The sustained growth of lending activities highlights the continued attractiveness of DeFi in terms of product and market fit.