Aave（$ AAVE）從鯨魚主導的平台轉變為迎合日常用戶的平台

Aave是以太坊上最大的貸款和借貸協議，正在急劇改變自己。在過去的幾年中，平台供應和借用的動態

A striking shift in the dynamics of the largest lending and borrowing protocol on Ethereum, Aave, has come to light, revealing a dramatic change in the platform’s supply and borrow usages over the past couple of years.

在以太坊上，最大的貸款和借貸協議的動態發生了巨大的轉變，揭露了平台供應的巨大變化，並在過去幾年中藉用了使用。

As Dynamo DeFi highlighted, the concentration of big 'whale' users' supply and borrow activities has decreased significantly, shifting the balance of power toward everyday users. Two years ago, over 80% of Aave's activity was in the hands of large users, but now, that user type only commands roughly 20% of Aave's activity.

正如Dynamo Defi所強調的那樣，大“鯨魚”用戶供應和借貸活動的集中度已大大減少，從而將電力平衡轉移到了日常用戶。兩年前，AAVE的80％的活動掌握在大型用戶手中，但是現在，該用戶類型僅命令AAVE活動的20％。

This shift in user demographics is a response to DeFi adoption. As finance becomes more decentralized, we have more control over our money, and platforms like Aave are set up to meet our needs. Aave lets you earn interest on assets you just have lying around. You can effectively rent them out to people who want to take out loans. You can also take out a loan yourself from the same platform. Aave is set up to do these things without anybody getting in the way, and it was apparently designed with people in mind who have previously been somewhat shut out of the finance sector.

用戶人口統計學的這種轉變是對Defi採用的響應。隨著財務變得更加分散，我們對金錢有了更多的控制權，並且建立了像AAVE這樣的平台來滿足我們的需求。 AAVE可以讓您從剛躺在周圍的資產上賺取利息。您可以有效地將它們出租給想要貸款的人。您也可以從同一平台上借出貸款。 Aave是為了做這些事情而不會妨礙任何人的事情，並且顯然是由以前在金融領域被拒之門外的人設計的。

This is a change that is sure to have a positive impact on the broader DeFi ecosystem, as it will make it easier for smaller users to participate in and benefit from decentralized finance.

這是一個變化，一定會對更廣泛的自我生態系統產生積極影響，因為這將使小型用戶更容易參與並從分散的財務中受益。

Aave ( $AAVE)

Aave（$ aave）

Biggest lending/borrowing protocol on Ethereum

以太坊上最大的貸款/借貸協議

$19.5B+ in TVL, $60M annualized revenue with no token unlocks left

$ 19.5B以上的TVL，6000萬美元的年度收入，沒有令牌解鎖

Starting $1M/week token buybacks soon, which will add some buying pressure. pic.twitter.com/ucLWiqO3qN

每週$ 100萬的代幣回購很快就會增加購買壓力。 pic.twitter.com/uclwiqo3qn

— Sjuul | AltCryptoGems (@AltCryptoGems) March 27, 2025

- sjuul | altcryptogems（@altcryptogems）2025年3月27日

Aave has already hit the top spot as the largest DeFi platform for lending and borrowing on Ethereum, with more than $19.5 billion in TVL. It has a reputation for offering very innovative, very interesting financial products—in fact, it’s become the certification authority for such products in the crypto space. If you want to earn interest on something, or if you want to pledge something as collateral to take out a loan, Aave is pretty much the place to go if you want to do it in a DeFi way. The platform happens to be incredibly user-friendly as well, which also counts for something. And you have to give them credit for being strong, transparent, and getting governance right—all of which matters for both institutional players and individual users.

AAVE已經成為最大的貸款和借貸以太坊的Defi平台，其TVL超過195億美元。它在提供非常創新，非常有趣的金融產品方面享有聲譽 - 實際上，它已成為加密貨幣領域此類產品的認證機構。如果您想從某事上賺取利息，或者如果您想承諾某件事作為抵押品來支付貸款，那麼如果您想以一種方式進行貸款，AAVE幾乎是一個可以去的地方。該平台恰好也非常友好，這也很重要。而且，您必須因為堅強，透明和正確的治理而值得稱讚 - 這對機構參與者和個人用戶都很重要。

Aave is also known for being very community-focused. The protocol’s team has been engaging closely with its community on various proposals and initiatives, like the introduction of new features and the integration of new crypto assets.

Aave還以非常注重社區的重點而聞名。該協議的團隊一直在與社區緊密接觸各種建議和計劃，例如引入新功能以及新的加密資產的集成。

The protocol’s core structure is also seeing continued advancement. The total value that is now locked (TVL) in Aave has gone past $19.5 billion, keeping Aave distinctly above any nearest rivals as the largest lending and borrowing protocol on Ethereum. Even when not paying attention to the growing user base, it’s clear that Aave’s leadership in decentralized finance is being solidified by some very interesting, innovative, and user-friendly features.

協議的核心結構也正在持續進步。現在已鎖定的總價值（TVL）已超過195億美元，使AAVE明顯超過任何最近的競爭對手，這是以太坊上最大的貸款和借貸協議。即使不關注不斷增長的用戶群，很明顯，AAVE在分散融資方面的領導才能通過一些非常有趣，創新和用戶友好的功能鞏固。

This protocol’s remarkable total value locked mirrors not just its triumph in drawing users—it also indicates a win in keeping cash on hand, which is necessary for the protocol to make the transactions it needs to make and be competitive in the DeFi lending space. Aave sitting at the head of the Ethereum lending market speaks volumes about the protocol’s capacity to pivot when necessary.

該協議的顯著總價值鎖定鏡子不僅是在繪製用戶方面的勝利 - 還表明，在手頭上保持現金是一場胜利，這對於該協議製作所需的交易是必不可少的，在Defi Lending Space中需要進行交易和競爭力。坐在以太坊貸款市場頭上的艾夫（Aave）在必要時說明了該協議的樞紐能力。

In the DeFi ecosystem, Aave is working to strengthen its position further. It has some new initiatives in place that are aimed at driving growth and, more importantly, creating a lot more value for the holders of its token. One of the most exciting programs that are now set to launch is Aave’s new buyback program. It’s a huge buyback program that is going to start quite soon. Aave is going to buy back $1 million worth of its token every week for potentially a long time.

在Defi生態系統中，AAVE正在努力進一步加強其位置。它制定了一些旨在推動增長的新舉措，更重要的是，為其代幣的持有人創造了更多的價值。現在將啟動的最激動人心的計劃之一是AAVE的新回購計劃。這是一個巨大的回購計劃，很快就會開始。 Aave可能會每週回購價值100萬美元的代幣。

The buybacks show that the Aave team is working to add value to its ecosystem, which in turn benefits both holders and users of its tokens. Now that all the tokens that were slated for unlocking have been unlocked, the Aave team is focusing on giving back to the community that supports it and on driving the token’s market position in a way that is beneficial to both holders and users.

回購表明，AAVE團隊正在努力為其生態系統增加價值，這反過來又使持有人和代幣的用戶受益。現在，所有計劃解鎖的令牌都已解鎖，AAVE團隊正在重點回饋支持它的社區，並以對持有者和用戶都有益的方式來推動代幣的市場位置。