Aave, a leading decentralized finance (DeFi) platform, has reached new milestones in total value locked (TVL) and asset holdings. Its eUSDe and sUSDe PT tokens have collectively achieved $814 million in supply. The platform has surpassed its previous all-time high from October 2021, now holding over $24 billion in assets. This growth coincides with a broader resurgence in the DeFi sector, which continues to demonstrate strong product-market fit. Additionally, lending TVL on Sonic Labs has surged to $1.3 billion within five months, with Aave entering midway through this growth phase and capturing 45% of the market, challenging the earlier dominance of Silo Finance. Sonic Labs itself crossed the $1 billion TVL mark in the first quarter of 2025.