Aave TVL rises to approximately $30 billion, a 50% increase from the year's low.

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