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Link: https://www.mobiloitte.com/blog/an-unprecedented-rise-in-total-value-locked-tvl/

An Unprecedented Rise in Total Value Locked (TVL)

The total value locked (TVL) within a DeFi platform is a vital metric, signifying the amount of trust users place in the system. In the case of Aave DAO, the figures are simply staggering. From a respectable $1 billion in January 2022, the TVL soared to an astonishing $20 billion by July 2023. This colossal twenty-fold increase within a short span of 18 months signals not just the growing appeal of Aave DAO’s robust platform but also a larger, industry-wide shift towards decentralized finance. These numbers paint a clear picture: decentralized finance is no longer a niche, but an integral part of the modern financial ecosystem.
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