⏏️◀️Aave reaches a record of $41.1 billion,🔺 which ranks it 54th among the largest banks in the United States◀️⏏️
💎Aave 🔺has reached its all-time high Total Value Locked (TVL) of $41.1 billion on August 24,🔺 placing the decentralized lending protocol in a position equivalent to the 54th American commercial bank in terms of total deposits based on Federal Reserve data as of June 30.✔️📊
💎The money market protocol will replace Prosperity Bank🔺, which has deposits of $38.4 billion,🔺 and will fall just $300 million short of surpassing OZK Bank.✔️📊
💎Considering that the U.S. Federal Reserve lists 2,156 commercial banks in the United States🔺, Aave's size is enough to place it among the top 2.5% 🔺of banks in the country.✔️📊
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