CoinWorld news, on August 12, the total locked value (TVL) of the Aave protocol has surged from 8 billion dollars to 47 billion dollars this year, accounting for about 80% of the Ethereum lending market. Aave currently has over 1,000 active borrowers, demonstrating its dominance in the DeFi lending space. The protocol enables transparent lending through smart contracts, allowing users to access funds 24/7 without barriers and manage their assets flexibly. Aave's rapid growth reflects the accelerated adoption of decentralized lending by institutions, making it a key bridge between traditional finance and the cryptocurrency market.