- Aave trades at $299.73 after a 3% dip; yearly gains surpass 110% amid increased institutional and retail DeFi participation.
- The new Aave V4 Liquidity Hub testnet enables shared liquidity pools, attracting institutional interest and improving custom market functionality.
The Aave lending protocol has reached a total of $30.5 billion in active user borrows. A record level of deposits, totaling $73.2 billion, accompanied this financial threshold. Information from the analytics platform DeFiLlama confirms these figures, which reflect user activity on the platform.
Aave crosses $30 billion active borrows, a new all-time high.
That's more than all other lending protocols combined. pic.twitter.com/UHnMlM0VpL
— Aave (@aave) September 19, 2025
Aave has expanded its technical operations alongside this growth. A recent launch on the Aptos blockchain marks the protocol’s first deployment on a non-EVM network. Concurrently, the value of the AAVE token has risen from a price point below $120 in April to approximately $302.Â
The protocol’s total value locked, a measure of assets held within its smart contracts, was recorded at $41.85 billion on September 15. That amount positioned Aave with the largest TVL among decentralized finance protocols, exceeding a key competitor.
The broader decentralized finance sector shows parallel activity, with other platforms also experiencing increased usage. The protocol’s growth appears connected to a wider trend of capital movement within the digital asset market. A multi-chain approach and a recent technical achievement on Aptos contribute to its current operational scale.
Aave (AAVE) is trading at $299.73, down 3.11% in the last 24 hours. Despite the daily decline, AAVE has gained 8.06% in the past month and a strong 66.79% over the past six months. On a yearly basis, the token has climbed 111.38%, giving it a market capitalization of $4.57 billion, with $411 million in daily trading volume.
From a technical perspective, AAVE has faced resistance around $327–$330, with traders monitoring the $305–$312 support zone as a crucial level. If this area fails, the next support levels are around $295 and $264.
Conversely, a recovery above $330 could reopen bullish targets in the $350–$370 range. Current indicators from TradingView suggest a neutral outlook, reflecting market indecision after recent volatility.
The broader DeFi sector has been active, with Aave also expanding to new chains like Aptos and exploring tokenized real-world assets (RWAs). Recent partnerships and liquidity incentives have reinforced its role in decentralized finance, though short-term corrections remain possible given overbought conditions earlier this month.
