Decentralized lending protocol Aave reached a mind-boggling all-time TVL of $41.1B on Sunday.
According to Fed data from June 30, this makes Aave equivalent to Prosperity Bank, the 54th largest US bank in size. In fact, Aave’s size is enough to position it among the top 2.5% largest banks in the US.
Source: DefiLlama
Compared to its closest competitor, Morpho, Aave is 6x larger. And last week, Aave reached $3T in cumulative deposits and $29B active loans.
The protocol’s ascension is benefitting not only the industry at large, but specifically crypto wallets. That’s because you can’t use lending protocols like Aave without a crypto wallet.
One wallet in particular stands to benefit from this bullish context – Best Wallet, which has its own presale token, Best Wallet Token ($BEST). From cross-chain swaps to fiat offramp and onramp, plus an upcoming fiat card for day-to-day crypto spending, Best Wallet is a perfect match for lending protocols like Aave.
Aave Dominates 50% of the $81.5 Billion DeFi Lending Market
Based on DefiLlama data, Aave’s $41.1B TVL reached on Sunday meant the protocol dominated over 50% of the total DeFi lending market ($81.5B).
In an X post from August 24, Aave founder Stani Kulechov said that Aave is ‘like the 37th-largest protocol’ but that it’s also better than a traditional bank.
One X user made an interesting point – banks can collapse due to fractional reserves. Aave, on the other hand, has full reserves. This means it can collapse only if a hacker breaks open the smart contracts.
Decentralization is clearly the name of the game, and what better way to start playing the game than with a non-custodial crypto wallet?
After all, lending protocols like Aave require a crypto wallet to work. You need one to participate, whether lending, trading, HODLing, or staking.
Enter Best Wallet, a multi-chain, multi-wallet, non-custodial wallet with big plans for the future and a token presale that has raised over $15M from investors.
Best Wallet for Crypto Lending and Trading Has a $15M Presale Running
Best Wallet wants to dominate 40% of the non-custodial wallet sector by 2030. Supporting six major chains (including Bitcoin, Solana, and Ethereum), with on and off-ramp, airdrops, and a crypto presale launchpad, Best Wallet is an entire ecosystem, not just a wallet.
The roadmap for its presale Best Wallet Token shows even more incoming, including support for 60+ chains, a Best Card, staking aggregator, and market intel analytics for real-time insights.
Adding top-tier Fireblocks MPC security, seamless cross-chain swaps, and access to early crypto presales, and Best Wallet is an excellent choice for beginners or veterans.
But that’s just the beginning – by joining the Best Wallet Token presale for just $0.025535 a token, you get four core benefits:
- Reduced transaction fees across the Best Wallet ecosystem
- Higher staking rewards in the upcoming staking aggregator
- Community governance through voting on key ecosystem decisions
- A share in a constantly-expanding wallet ecosystem that craves market-wide domination
The presale has raised over $15.1M, with one whale buying $22K on August 17. You can also stake the tokens for 88% APY (for passive profits down the line).
You can get into the presale right now for just $0.025535 per token, but remember that the price will go up as more investors buy in.
➡️ Join the Best Wallet Token presale for one of the best non-custodial wallet presales of 2025!
Aave’s Ascension Means Retail Adoption Is Growing
If Aave, a crypto lending protocol, is becoming this successful, it means adoption from retail users is growing at an alarming rate. While institutions also use Aave, retail is king.
And more adoption means new users will need a starting point for crypto – a crypto wallet like Best Wallet, which opens a user-friendly crypto ecosystem with expansive DeFi features.
Analysts predict good performance for Best Wallet Token down the road if the current adoption trend continues. At this point, it doesn’t seem to be slowing down.
Do your own research and remember that this is not financial advice. Invest in crypto at your own risk.
