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Aave on Base Achieves $1.2B Total Value Locked, Marking Major Network Milestone
Gate News bot message, Base has achieved a significant milestone by reaching $1.2 billion in Total Value Locked (TVL) on Aave protocol, joining Ethereum, Arbitrum, and Avalanche as the fourth network to exceed the $1 billion TVL threshold.
The leading assets contributing to this milestone on Base include weETH, ETH, and Coinbase's cbBTC, demonstrating strong user adoption of the network's DeFi ecosystem.