Aave TVL jumps 13.7% to $27.4B as loans hit $11.7B

Aave has recorded $27.4 billion in average total value locked during August as active loans climbed to $11.7 billion and its share of tracked on-chain lending reached 47.8%. Summary Aave’s August TVL rose 13.7% monthly to $27.4 billion, while active loans reached $11.7 billion. Aave held 47.8% of tracked lending loans, extending its market-share recovery for a second month. V4 TVL averaged $442.3 million, rising 53.4%, while active loans increased 62.9% during August overall. GHO market capitalization reached $661.6 million, its fourteenth consecutive monthly increase and record average level. Monthly active users fell 3.8% to 68,900, extending declines for a fourth consecutive month overall. Token Terminal’sAugust 2026 Aave report showed TVL rising 13.7% from July, while active loans increased 12.9%. Both metrics advanced for a second straight month and reached their highest monthly averages since April. The figures remain well below year-earlier levels, with TVL down 57.6% and active loans down 56.9% year over year. The same report put August fees at $33.9 million, up 15.2% month over month, while DAO revenue rose 9.2% to $4.9 million. Interest produced $33.3 million, or 98.2% of...