DEFI TAKEOVER
AAVE DOMINANCE
• defi lending market share hit 60%, up 3x in 4 years
• total volume at $19.1b, exceeding all cefi lending
• dao accumulated 10k+ $aave tokens
• recent 7,169 token buy at $139 avg
CROSS CHAIN EXPANSION
• live on 8 networks with $28b tvl
• ethereum leads with $21.6b
• soniclabs integration adds $480m tvl
• stablecoins = 31.3% of $8.8b tvl
CIRCLE MOVES
• s-1 amendment filed for ipo
• targeting ticker $crcl
• revenue: $1.7b from usdc reserves (2024)
• base network: usdc volume up 20x to $4.29b