$AAVE
AAVE’s interesting part isn’t just that it’s “old DeFi”—it has continuously remained in the core position of on-chain lending and borrowing.
When investors pay attention to it, there are mainly two things: first, whether cross-chain liquidity is still there; and second, whether GHO, lending/borrowing interest rates, and collateral demand can continue to support the protocol’s revenue. Once the market starts talking about DeFi cash flow again, AAVE is usually impossible to ignore.
But today it isn’t a strong, aggressive buy. It’s more like a spot to observe with cooler sentiment. If it can hold, we can look for a recovery; if it can’t, it suggests that capital for now still doesn’t want to give DeFi a too-high premium.
AAVE’s interesting part isn’t just that it’s “old DeFi”—it has continuously remained in the core position of on-chain lending and borrowing.
When investors pay attention to it, there are mainly two things: first, whether cross-chain liquidity is still there; and second, whether GHO, lending/borrowing interest rates, and collateral demand can continue to support the protocol’s revenue. Once the market starts talking about DeFi cash flow again, AAVE is usually impossible to ignore.
But today it isn’t a strong, aggressive buy. It’s more like a spot to observe with cooler sentiment. If it can hold, we can look for a recovery; if it can’t, it suggests that capital for now still doesn’t want to give DeFi a too-high premium.