Aave's protocol fees reached 39 million USD in May, with a market share of more than half.

AAVE0.31%

Gate News bot message, on-chain analyst Jonaso posted on social media that Aave's protocol fees last month amounted to 39 million dollars, holding over 50% market share in the money market, mainly due to:

  • High liquidity of platforms such as Ethereum, Arbitrum, etc.;
  • Popular flash loans, with a fee of 0.09%, and a large loan scale.
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