Aave Dominates the DeFi Space: Exploring Borrow Ratios and Chain Performance

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Aave, one of the leading decentralized finance (DeFi) protocols, continues to set the benchmark for the industry.  More than 30 billion dollars’ worth of assets have been supplied to Aave, and over 11 billion dollars’ worth of assets have been borrowed on the platform. This places Aave among the leaders in the DeFi ecosystem. The platform runs on 13 different blockchains and operates more than 150 markets, making it one of the most scalable and influential decentralized finance actors. Ethereum is still the core base of Aave’s operations and is still contributing—which is most important—largely to the metrics we track,

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