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Aave’s V3 deployment on Ethereum shows strong growth, thanks to…

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Aave [AAVE] deployed its V3 iteration on the Ethereum network on 27 January, attracting $257.08 million in deposits and $139.14 million in loans, data from the decentralized lending and borrowing protocol showed.

Upon launch on Ethereum, the V3 deployment consisted of only seven cryptocurrencies: DAI, USDC, AAVE, LINK, ETH, WBTC, and wsETH.

38 days later, the assets count has risen to 11 due to the addition of more assets, such as LUSD, cbETH, and rETH. How much are 1,10,100 AAVEs worth today?

Of these assets, ETH’s supply remains the highest on Aave V3. As of this writing, 94,280 ETH coins worth over $147 million have been supplied to the protocol.

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