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Aave Posts Record $4 Million Interest Revenue from GHO Lending in Q3

Aave’s record quarterly earnings from GHO lending underscore the stablecoin’s growing scale and increasing profitability for the DeFi protocol.

AAVE

Summary

Aave reported nearly $4 million in interest revenue from GHO lending in Q3, marking its highest quarterly earnings to date. As the issuer of the GHO stablecoin, Aave collects all lending interest as protocol revenue, and the expanding scale of GHO continues to drive higher income for the platform.

Terms & Concepts
  • Aave: A decentralized finance (DeFi) protocol that allows users to lend, borrow, and earn interest on crypto assets without intermediaries.
  • GHO: A decentralised stablecoin issued by Aave, with interest generated from its lending contributing to the protocol's revenue.
  • Protocol Revenue: Income generated by a blockchain protocol, often from fees, interest, or other on-chain economic activities.