Aave Hits $1 Billion in RWA Deposits Amidst Crypto Outflows

Aave has reached $1 billion in Real World Assets (RWA) deposits, despite crypto outflows totaling $3.74 billion over the past four weeks. The platform achieved $527 million in both total RWA active and total RWA on-chain. AAVE token is up 0.7% in the past 24 hours to trade at $123.69 at press time.