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Aave deceralized protocol has set a historical record in the DeFi industry by crossing the $1 trillion loan mark.
Stany Kolchov, CEO of Ave Labs, described this achieveme as an importa step to become the “largest and most efficie liquidity network in the world”; A network that banks and fiechs are gradually connecting to.
Ave Protocol now has over $27.2 billion in locked value (TVL) and has generated $83.3 million in fees over the past 30 days; A figure that is almost four times its closest competitor.
The launch of the Aave Horizon institutional marketplace on Ethereum has also paved the way for financial institutions to borrow stablecoins against real assets.
This record breaking could strengthen the bullish seime around the AAVE token; Especially when investors are looking for projects with stable income and real cash flow.
However, a coroversial proposal in Davie Ave to allocate $42.5 million to Ave Labs has divided the community and may cause price volatility in the short term.
For retail investors, this turning poi is both a signal of fundameal strength and a warning to monitor governance developmes and market reaction.
