Founder Stani Kulechov stated that the system replaces the intermediaries, settlement teams, and legal agreements used by traditional finance with on-chain coordination through code. He called for a complete transition of all lending activity to the blockchain to eliminate the need for corporate back offices.
Tuesday, October 20, 2026
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Aave Surpasses $1.1 Trillion in Cumulative Borrow Volume
Crypto19 days ago
The blockchain-based borrowing platform has reached a milestone in its lifetime processing of digital asset loans. The network's all-time borrow volume now exceeds $1.1 trillion, establishing a new record for the decentralized finance protocol according to data released on October 1.
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