Aave experiences a decline in the number of unique users and transactions despite growth in staked ETH. Even so, interest in the token continues to increase. According to recent data by Messari, it was observed that the stETH pool on the Aave protocol became the largest deposit pool on the platform. This growth was attributed […]
The growth in staked ETH deposits over the last month was substantial. Despite this, the number of unique users on the Aave protocol has seen a decline.
It fell by a significant 35.3% over the last month and the number of transactions on the platform decreased by 45.01% during the same period.The decline in the number of users on Aave had a material impact on the revenue generated by the platform. According to data from the token terminal, the revenue generated by Aave has fallen by a staggering 45% over the last three months.Despite this decline in revenue and the number of users, the interest in the Aave token has continued to grow.
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