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 🆙
Aave
AaveAug 7, 02:16
$60B net deposits. DeFi will win.
3.96K