👻 Aave (
$AAVE ): A Trillion Dollars Is No Joke
Market Capitalization: $1.80B.
Aave is the leading decentralized lending protocol that allows users to borrow and supply assets on-chain without intermediaries.
In essence, it's the bank of the future minus the managers, queues, and hidden fees.
🟡 The headline news: Aave's cumulative lending volume has surpassed $1 trillion USD for the first time in DeFi history. This is the first such milestone achieved by any decentralized lending protocol.
What does this mean❔
🗣The trillion-dollar figure reflects the total volume of all loans issued since t