DeFi, crypto lending markets have overcome 2022 chaos, Aave founder claims

Crypto lending is maturing, with stablecoin borrowing rates stabilizing around 6-8%. Aave has emerged as the clear leader after overcoming the chaos of ￰0￱ Aave DAO stands on comfortable ground, and Aave protocol is a leader in DeFi lending, announced Marc Zeller, founder of the Aave Chain ￰1￱ organization, which represents the interest of the Aave community, was launched in 2023, in the after math of the Terra (LUNA) and FTX ￰2￱ then, Aave has evolved and rebuilt its ￰3￱ recalled that at one point, the community was convinced Aave should wind down, as DeFi is dead. However, over time, the project improved its codebase and became key in lending activity during the 2025 bull market.

Aave’s dominance is no longer threatened According to Zeller, Aave is now well-established, based on value locked, revenue, market share, and borrowing ￰4￱ DAO had a role in determining the conditions of lending and the available vaults, leading to success during the latest ETH bull ￰5￱ carries a record $41.55B in value locked while generating $161M in annualized revenue, of which over $47M goes to holder ￰6￱ a result, AAVE holds around $299.48, close to its higher ￰7￱ now, AAVE has yet to revisit its records above $698, but the token has held steady and expanded during the 2024-2025 bull ￰8￱ lending expanded to a new all-time peak, with native GHO tokens growing their supply to a record over 352M. |