Aave protocol's TVL surges to nearly $150 billion, leading the Ethereum decentralized lending market

According to reports from The Block, the total locked value (TVL) of the Aave protocol has rapidly increased from $8 billion to $47 billion this year, capturing about 80% of the Ethereum lending market. Aave's active borrowing users have exceeded a thousand, demonstrating its dominant position in the decentralized finance (DeFi) lending sector. The protocol enables transparent lending through smart contracts, allowing users to access funds without barriers within 24 hours and manage assets flexibly. Aave's rapid growth reflects that institutions are accelerating their adoption of decentralized lending, driving this sector to become an important bridge connecting traditional finance with the crypto market.