Aave tops $20 billion in deposits amid record revenue and fee switch discussions

Oluwapelumi Adejumo

Aave community members are pushing for a fee switch proposal after the DeFi protocol’s annualized revenue reached new highs this week. On June 2, Matthew Graham, a member of the Aave liquidity committee, reported that the protocol was “averaging just over $80 million in annual revenue from seven Aave v3 & v2 deployments” across various […]

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Aave tops $20 billion in deposits amid record revenue and fee switch discussions