Aave v3 hit an all-time high in daily assets borrowed. There was a record $182M of assets borrowed on Aave v3 on Ethereum on Nov. 15, IntoTheBlock data show.

Aave is the third-largest DeFi protocol in terms of total value locked, reaching $11.85 billion. While the protocol’s TVL has increased by 70% so far this year, it is still below its peak of around $20 billion in October 2021.