This DeFi token generated millions in revenue from crypto market sell-off on Monday, ready for 15% rally

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Aave News

Cryptocurrencies

AAVE generated over $6 million in revenue in Monday’s crypto market sell-off.

held steady during the crypto market sell-off and secured $21 billion in value across various Layer 1 and Layer 2 chains.

trades just below $100 on Tuesday. The decentralized protocol held steady even as the price of cryptocurrencies in the top 30 plummeted. Stani Kulechov, founder of generates $6 million in revenue On Monday, Stani Kulechov commented on has generated the most interest among traders. The chart below compares the monthly governance token trading volume for projects in the lending market sector. Token trading volume in the lending sector

trades at $99.41 at the time of writing, and the DeFi token is likely to extend gains and rally toward $114.74, a key resistance level. This would mark 154% gains for

 

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