Aave's treasury & market share in lending at all-time highs

Every other week, we bring you a quick update from our community, highlight new projects listed on Token Terminal, and share the latest updates on our newest product features.

Let’s dive in!

CHART OF THE WEEK
Aave’s financial strength is at an all-time high

Aave’s i) net treasury, ii) market share of revenue among peers, and iii) GHO supply.

• Chart 1: Aave’s net treasury (USD value of Aave’s on-chain treasury, excluding unallocated AAVE tokens) reached $100M in February 2025.

• Chart 2: In February 2025, Aave held a 75.8% market share of revenue among the top 10 lending protocols and earned $8.6M in revenue.

• Chart 3: Aave’s stablecoin GHO now has an outstanding supply of over $200M, twice the amount in August 2024.

Keeps getting better and better.

— Stani.eth (@StaniKulechov)
10:19 AM • Mar 6, 2025

Access the live chart here.

ANALYST COVERAGE
Aptos | An ecosystem on the move

Analyst coverage of Aptos is now available on Token Terminal Discover.

A dashboard that features Aptos’ key layer 1 financial and usage metrics, and application ecosystem insights.

Access the dashboard here.

NEW LISTINGS
7 new projects are live Token Terminal

Standardized listings (full listing with up to 15 metrics)

1. Seamless, a lending protocol on Base.

2. Venus, a lending protocol on BNB chain.

Basic listings (partial listing with up to 6 metrics)

1. Berachain, an EVM-Identical L1 blockchain utilizing Proof-of-Liquidity.

2. Sonic, an EVM L1 blockchain focused on DeFi.

3. BOB, an L2 blockchain built on Ethereum Mainnet.

4. Astar, an L2 fully connected to Soneium (Sony’s L2 blockchain).

5. Superseed, an L2 blockchain on Ethereum (an OP Superchain).

Our two listing categories:

A standardized listing provides a full set of metrics, including those transformed from raw blockchain data by our research team (e.g., TVL, Fees), along with basic metrics. In contrast, a basic listing features only programmatically derived metrics such as gas usage and active addresses.

Interested to get listed? Read more here.

PRODUCT UPDATES
Light mode

link

Light mode is now available on Token Terminal Explorer

We’re excited to introduce Light Mode on Token Terminal Explorer. Users can now swap between Dark and Light Mode or set it to follow their system preferences. Enter the Light Mode zone by clicking your user profile in the top right and selecting your preferred mode in the drop-down menu under “Theme”.

Enjoy!

The authors of this content, or members, affiliates, or stakeholders of Token Terminal may be participating or are invested in protocols or tokens mentioned herein. The foregoing statement acts as a disclosure of potential conflicts of interest and is not a recommendation to purchase or invest in any token or participate in any protocol. Token Terminal does not recommend any particular course of action in relation to any token or protocol. The content herein is meant purely for educational and informational purposes only, and should not be relied upon as financial, investment, legal, tax or any other professional or other advice. None of the content and information herein is presented to induce or to attempt to induce any reader or other person to buy, sell or hold any token or participate in any protocol or enter into, or offer to enter into, any agreement for or with a view to buying or selling any token or participating in any protocol. Statements made herein (including statements of opinion, if any) are wholly generic and not tailored to take into account the personal needs and unique circumstances of any reader or any other person. Readers are strongly urged to exercise caution and have regard to their own personal needs and circumstances before making any decision to buy or sell any token or participate in any protocol. Observations and views expressed herein may be changed by Token Terminal at any time without notice. Token Terminal accepts no liability whatsoever for any losses or liabilities arising from the use of or reliance on any of this content.