$AAVE
Aave’s total value locked crossed $27.4 billion in August 2026, with active loans reaching $11.7 billion. That scale matters less for the headline number and more for what it reveals: lending demand is still concentrated in a handful of blue-chip venues. The question is whether that concentration is a moat or a ceiling.
Aave’s total value locked crossed $27.4 billion in August 2026, with active loans reaching $11.7 billion. That scale matters less for the headline number and more for what it reveals: lending demand is still concentrated in a handful of blue-chip venues. The question is whether that concentration is a moat or a ceiling.