The purchases, totaling $15.7 million at an average price of $223.33, are already showing a $2.6 million unrealized profit at current market rates.
The buyback effort, funded at about $1 million per week, is part of a broader push to strengthen AAVE’s market position while cutting token emissions by half. Co-founder Mark Zeller says the move boosts the asset’s appeal while reinforcing the protocol’s long-term stability.
Aave’s dominance in decentralized finance has been climbing steadily. With $33 billion in assets locked and more than $50 billion in net deposits, the protocol controls around a quarter of the entire DeFi market. Nearly 60% of Bitcoin users tapping DeFi for dollar-based assets rely on Aave, according to Aave Labs’ Seb Pulido.
The financial results reflect that dominance. In 2024, Aave generated $86 million — a 280% year-over-year jump — and is on pace to beat that record. Mid-2025 annualized revenue already sits near $100 million, and analysts at Blocmates forecast annual recurring revenue could top $150 million by year-end. Upcoming drivers include the launch of Aave V4, the full integration of Chainlink’s staking-based verification (SVR), and potential tailwinds from clearer U.S. crypto regulations.
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