Aave's active users in February reached 155,000, setting a new record, with total value locked approaching $27 billion.

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Project Progress On-Chain Data Industry Reports

2026-03-09 05:31:18

Gate News, March 9 — The monthly active users of DeFi lending protocol Aave reached approximately 155,000 in February, setting a new record and increasing by about 100% over the past six months. Analysts point out that as basis trading yields dropped from 10-30% to below 4%, low-risk yield strategies have decreased, prompting investors to shift toward DeFi lending. Currently, Aave’s total value locked across 20 blockchains is close to $27 billion. Additionally, the governance group Aave Chan Initiative announced last week that it is ceasing operations due to transparency disputes with Aave Labs.

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