PANews reported on August 12 that the total locked-up value (TVL) of the Aave protocol has surged from $8 billion to $47 billion this year, capturing about 80% of the lending market share on Ethereum. The number of active borrowing users on Aave has exceeded k, demonstrating its dominant position 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 rise reflects that institutions are accelerating the adoption of decentralized lending, making this field an important bridge connecting TradFi and the crypto market.