Aave (AAVE)

Aave Chainlink SVR quite substantial boost for Aave's revenue. In one week, Aave has earned more revenue than whole last month.

Protocols with both time in the market and sizable user positions prove themselves in periods of volatility. Throughout the volatility, Aave v3 and v4 operated seamlessly. Since the 2nd June, @aave has processed over $212M in liquidation volume, of which $163M was routed via Chainlink's Smart Value Recapture (SVR). More than half the volume was wETH collateral. The SVR volume generated $3.83M in Fees, split 60:40 with @chainlink, with ~$2.5M to Aave DAO and ~$1.34M to Chainlink. With several instances of Aave Protocol to come online in the near future and SVR not yet fully rolled out, one possible way for the Aave DAO to expand revenue is to extend SVR. Furthermore, enhancing the UX by providing tooling and features that help users better manage positions autonomously is a welcome improvement and would likely shift one-time revenue spikes towards more consistent SaaS like recurring revenue streams.

Borrow rates are attractive across the three major reserves on Aave V3 (USDC, USDT, WETH). Stablecoins are borrowable at 3.71–3.95% with $601M in liquidity available, and WETH at 2.10% with $597M available to borrow. WETH, USDT and USDC are the three largest reserves on Aave V3 Core, with $7.5B in deposits and ~$1.2B in combined available liquidity, making it one of the prime venues for large borrowers in DeFi.

Aave Glass, our take on Apple's Liquid Glass, now works across mobile and web. We've published a post that breaks down how we built Aave Glass and the family of components it now powers. Read it below. https://t.co/xXluzQu9SO

Aave V3 just printed a ~$20M daily fee spike. Revenue moved with it, while TVL sat around ~$13B. The fee chart is doing the talking here. When markets get volatile, DeFi lending gets busy fast: more borrowing, more liquidations, more protocol revenue. https://t.co/EVlOX3wiwP

A few days ago I wrote, "I think it will become an everyday lending hub for everyone across the world, not only crypto natives. They already have the branding and they have the trusted system to be the Apple of crypto money markets." Back then it was mostly about product, trust, and user experience. Reading @aave's latest engineering deep dive on bringing Apple's Liquid Glass design philosophy to the web makes that comparison even more interesting. Most protocols focus on features. Few focus on product. Even fewer focus on craftsmanship. The article isn't really about glass effects. It's about obsession with details, consistency, and creating an experience that feels premium across every touchpoint. That's what made Apple successful. And that's why I've always believed Aave's biggest moat isn't just liquidity or TVL. It's their ability to make decentralized finance feel accessible, trustworthy, and eventually invisible to the end user. The future winners in DeFi will be the most complex products. Th