Aave V4 Attracts Over $300 Million in New Deposits This Week

Aave, a DeFi protocol, reached $1 trillion in cumulative loans on 25 February 2026, marking a first in the industry. Its total value locked (TVL) fell 74% from an October 2025 high of $45.81 billion to a June 2026 low of $11.86 billion, but has since recovered to $17.69 billion. Aave V3 holds 96.6% of the protocol's TVL, with Ethereum anchoring $14.27 billion. The protocol also launched Aave Horizon for institutional real-world asset (RWA) services, processing $1 billion in tokenized assets with

According to DeFiLlama, Aave’s TVL fell about $8B from roughly $26.4B to $18.6B after a $293M Kelp DAO hack. Lookonchain said attackers used drained 116,500 Kelp DAO rsETH tokens as collateral on Aave v3, creating about $195M bad debt and triggering withdrawals. AAVE fell nearly 20% to about $89.5. Aave froze rsETH markets on v3 and v4.

AAVE rose about 16.5% Thursday after Standard Chartered initiated research coverage on June 24 and set a long-term target of $3,500 for the token, according to the bank. The report by Geoff Kendrick frames Aave as “on-chain bank” infrastructure and outlines a staged path to $3,500 by 2030, citing DeFi growth.

Aave (AAVE) rose over 15% in 24 hours to about $82.77 despite a broader crypto selloff that pushed Bitcoin below $60,000. The article cites on-chain data showing USDT deposits returning, with Aave Ethereum V3 Core nearing $3B in stablecoins. It also notes Standard Chartered initiated coverage with a $3,500 end-2030 target, linking upside to tokenized real-world assets via Aave Horizon.

Hyperliquid (HYPE) reached an all-time high of $83.27, with a 35.4% weekly and 38.7% monthly increase. The rally was driven by increased user activity and positive remarks from President Trump about potential US launch. The token's future price depends on regulatory approval and market conditions.

Pump.fun, a Solana-based memecoin launchpad, generated over $10M in weekly fees for the first time, surpassing Hyperliquid in 7-day revenue. It ranked third in 7-day revenue, behind Tether and Circle, with $12M as of mid-August. Pump.fun's 30-day revenue was $35.67M, compared to Hyperliquid's $32.46M. The platform's revenue comes from bonding-curve trades and PumpSwap, with half used for PUMP token buybacks and burns.