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Aave hits $60B 👻
@aave's deposit book has climbed to a record $60 billion, confirming that risk-on appetite for leverage is returning across the market.
Viewed through a traditional-finance lens, that balance sheet would rank Aave about 41st among U.S. commercial banks. The takeaway is simple: onchain credit markets are already operating at a scale mainstream finance must now acknowledge.
This growth directly benefits LevelUSD ecosystem.
$lvlUSD is collateralised with aUSDC, aUSDT and Morpho Prime receipts, tapping the deepest, most battle-tested lending rails on Ethereum.
As Aave’s pool expands and lending demand intensifies, the resulting yield is channelled to slvlUSD holders, rewarding those who provide the collateral backbone for @levelusd's stablecoin.
Bigger pools, richer yields, stronger peg: that’s why Level builds atop Aave.
glevel 🆙
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