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AAVE has become the second largest application on Ethereum in terms of total lock volume (TVL)

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2025-09-12 13:11:57
According to a chart published by @TheDeFinvestor, AAVE has become the second largest application in terms of total lock volume (TVL) on Ethereum L1. This is the first time in a long time that a decentralized finance (DeFi) application has surpassed Circle in total lock volume.
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