AAVE Token In-Depth Research Report: The Value Anchor and Growth Logic of a Trillion-Dollar Financial Infrastructure
Summary
AAVE, as the world's largest decentralized liquidity protocol, has grown into an on-chain financial infrastructure comparable to the top 50 banks in the United States. Based on AAVE's official website and the latest strategic blueprint disclosed by its founders, by December 2025, the total value locked (TVL) of the protocol is expected to reach $65 billion, covering over 12 public chains and capturing 59% of the global DeFi lending market share and 61% of active loan volume; by 2025, the protocol's fee income is projected to reach $885 million, accounting for 52% of the total fees of all lending protocols in the industry, far exceeding the total of the next five competitors. Through a three-pronged upgrade of the 'annual $50 million repurchase plan + Umbrella risk protection module + RWA ecological expansion', a more robust value closed loop is constructed. This report is centered on authoritative disclosures from the official website and the founders, comprehensively updating the token economy, core data, and strategic layout, analyzing its trillion-dollar asset-bearing potential.