AAVE Token Surges 2.35% as TVL Hits $26B and Binance Launches High-Leverage Futures

AAVEUSDT rose 2.35% over the last 24 hours on Binance, opening at $250.92 and trading at $256.82. The price increase can be attributed to several recent positive developments: Binance's launch of USDC-settled perpetual futures for AAVE/USDC with up to 75× leverage has likely boosted trading activity and interest; Aave v3’s total value locked surged to $26.09 billion, up 55% since April, reflecting growing protocol adoption and revenue, which climbed from $900,000 to $1.6 million per day. Additional momentum comes from Aave’s deployment on the Sony-backed Soneium blockchain, expanding its user base, and the announcement of the upcoming Aave v4 upgrade, which has reinforced bullish sentiment. AAVE is currently trading with strong volume and high search interest, maintaining its position as a leading DeFi asset with a market cap near $3.9 billion and robust activity across major exchanges.