Aave, a leading decentralized finance protocol, experienced a remarkable year with a variety of key milestones.
But the Aave (AAVE) protocol, which offers a non-custodial platform that allows users to earn interest on their deposits and borrow assets, is looking at an even “bigger” year in 2025.
The DeFi giant shared the outlook in its annual review of X, noting key milestones such as the launch of Aave 2030 and V4. The V4 proposal addresses Aave’s strategic development across DeFi with improved modularity, reduced governance overhead, capital efficiency, and innovative liquidity introductions.
Aave aims to strengthen its position with these future implementations.
The goal is to build on a year in which Aave opened new markets and set records as the protocol’s total value hit a new all-time high. In fact, TVL skyrocketed as net deposits reached $35 billion, while new markets included the expansion of Aave DAO to Scroll, BNB Chain, ZKSync Era and Ether.fi. The new markets offered a combined value of $2.55 billion.
In 2025, more than six new chains will be added with Aave DAO governance approval – current proposals include targeted integrations with Sonic, Mantle, Linea, Botanix Labs’ Spider Chain and Aptos.
GHO, the decentralized, over-collateralized stablecoin included in the Aave protocol, is also set to see a notable growth spurt. The project has plans for cross-chain expansion after debuting on Arbitrum in 2024. In the coming months, GHO will look to go live on Base and Avalanche.
In the markets, the price of the Aave token rose to highs of $385 over the past 12 years.
