Aave just crossed $1M in swap revenue, but HERE’s what you’re missing

ambcryptoPublicado em 2026-07-03Última atualização em 2026-07-03

Resumo

Aave is expanding beyond its core lending and deposit services, establishing new revenue streams. The launch of its Global Dollar Hub and increased user activity have driven momentum. Notably, Aave DAO's swap revenue has surpassed $1 million since the launch of "Aave Will Win," with Ethereum being the primary contributor. This provides a new income source alongside traditional lending fees, and future features like leverage tools could further boost this growth. On-chain activity surged around the V4 Global Dollar Hub launch, briefly pushing the AAVE token price from ~$72 to ~$95 before settling near $87. Importantly, user growth remained strong despite the price pullback, with new addresses reaching 1,806 on June 30th—far above typical daily levels—and active addresses peaking at 3,144. Technical indicators like an RSI of 58 and a positive CMF suggest some underlying market strength remains.

Aave [AAVE] is no longer just growing through deposits and lending activity; they’re also also building new revenue streams. With the launch of Aave’s Global Dollar Hub and a rise in user activity, the project is picking up steam again.

Aave DAO’s swap revenue crosses $1 million!

Aave DAO’s swap revenue has crossed $1 million since the launch of Aave Will Win. The cumulative expected partner fees has risen from April, with a jump around early June and sustained growth throughout the month.

Source: X

Most of this revenue has been coming from Ethereum [ETH], while Arbitrum [ARB] and a few other chains have added smaller contributions too. Interestingly, this gives Aave another income stream beyond its usual AUM-based fees from lending markets.

With more features planned – including leverage tools, transaction builder support, and V4 support in Aave Pro – this revenue base could keep growing.

New wallet growth outlasts AAVE’s price

Beyond this, Aave’s on-chain activity jumped too. Around the launch of its V4 Global Dollar Hub, AAVE’s price moved from nearly $72 to about $95, before falling back towards $85.

Source: Santiment

However, what stands out is that user growth did not fade with the price. New AAVE addresses reached 1,806 on 30th of June, far above the usual spring pace of around 200 per day.

New address growth was also well above baseline throughout this week. In fact, active addresses were above 2,200 and at 3,144 at their highest.

AAVE holds above pullback zone

Here’s a bit of balance to this story. After the move towards the $95-$100 area, AAVE fell back below $90 on the charts.

Source: TradingView

However, the token has not fully lost its pace either. It was trading at around $87 at press time, with a small recovery attempt.

The RSI was at 58, so the rally was no longer overheated. There seemed to be some strength left still. The CMF was also positive at 0.10, indicating some buying interest.


Final Summary

  • Aave DAO crossed $1 million in swap revenue, adding a new income mode.
  • AAVE’s price hit the brakes on the charts, but new addresses hit 1,806 too.

Perguntas relacionadas

QWhat milestone did Aave DAO recently achieve in terms of swap revenue?

AAave DAO recently crossed $1 million in swap revenue.

QWhich blockchain contributed the most to Aave's swap revenue, according to the article?

AEthereum contributed the most to Aave's swap revenue.

QWhat significant development coincided with a jump in Aave's on-chain activity and price?

AThe launch of Aave's V4 Global Dollar Hub coincided with a jump in on-chain activity and price.

QDespite a price pullback, what metric showed strong and sustained growth for Aave?

AThe creation of new AAVE addresses showed strong and sustained growth, reaching 1,806 on June 30th.

QWhat are two future features mentioned that could help grow Aave's new revenue base?

AFuture features mentioned include leverage tools and transaction builder support, along with V4 support in Aave Pro.

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