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Aave's Revenue Soars to $140M Amidst Internal Strife and Token Plunge

Aave Revenue Soars to $140M Amidst Strife

Dario Cesaro avatar
Written by Dario Cesaro
Updated this week

Aave is experiencing a significant internal conflict between Aave Labs and the Decentralized Autonomous Organization (DAO) despite a remarkable surge in revenue. The protocol has generated approximately $140 million this year, surpassing the combined revenue of the previous three years. However, this financial success is overshadowed by a contentious governance vote that failed to transfer brand assets to the DAO and a notable drop in the AAVE token's price.

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