Aave surpasses 3 million ETH in deposits as TVL hits $35 billion in January 2026
As of January 4, 2026, Token Terminal data shows that Ethereum supplied to lending protocol Aave has climbed past 3 million ETH and is nearing 4 million ETH, coinciding with a total value locked of about $35 billion. Aave's growth since 2024 includes a peak of over $30.5 billion in borrowed funds in September 2025 and monthly revenue that once reached $14.4 million, while Vitalik Buterin has highlighted low-risk DeFi platforms such as Aave as a sustainable use case for Ethereum.