According to PANews, data from DefiLlama indicates that the decentralized finance protocol Aave has reached a new milestone in its on-chain funds. As of May 12, Aave announced on the X platform that its total value locked (TVL) has surpassed $40.3 billion. The latest version, Aave v3, accounts for approximately $40 billion of this amount. DeFi analyst Jonaso commented on the X platform that these achievements underscore Aave's leading position in the lending sector.