AAVE has become the second largest application on Ethereum by total value locked (TVL).
Jinse Finance reported that, according to a chart released by @TheDeFinvestor, AAVE has become the second largest application on Ethereum L1 by total value locked (TVL). This marks the first time in a long period that a decentralized finance (DeFi) application has surpassed Circle in terms of total value locked.
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