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AAVE Breaks Resistance as DeFi Market Hits Record $219B Size

The native token of the largest DeFi lending protocol is showing strong momentum despite short-term profit taking above $290.

By CD Analytics, Krisztian Sandor|Edited by Nikhilesh De
Oct 3, 2025, 6:03 p.m.
Alt: Line chart showing AAVE price rising 2% with volume spikes indicating strong institutional buying and key resistance around $290-$294.
AAVE surges 2% to $287.10 with volume spike signaling strong institutional buying amid consolidation near key resistance.

What to know:

  • Top DeFi lender Aave (AAVE) rebounded strongly on Friday afternoon, breaking key resistance levels and gaining 6% this week.
  • The broader DeFi market hit a record $219 billion in assets, with Aave's deposits climbing to $74 billion.
  • Technical indicators suggest upside potential, though resistance remains firm between $290-$294.

Aave AAVE$106.30, the native token of the largest decentralized finance (DeFi) lending protocol, strongly rebounded from last week's lows breaking through key resistance levels on Friday afternoon.

The token gained another 2% over the past 24 hours and is up 6% this week. It has established support at the $284-$285 levels, while it's currently consolidating around $290.

STORY CONTINUES BELOW
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The move occurred as the broader crypto market rallied, with gains across the board and bitcoin BTC$65,998.81 breaking above $122,000, inching closer to its August record high. The broader DeFi market also accelerated, hitting a $219 billion in assets across protocols, a fresh record level, DeFiLlama data shows.

DeFi total value locked as of October 3 (DeFiLlama)
Total value locked across DeFi protocols at record highs. (DeFiLlama)

Deposits on Aave also climbed to a record $74 billion, cementing its top position among DeFi protocols, per DeFiLlama data. The platform enjoyed fresh inflows due to a recent partnership with up-and-coming stablecoin-focused chain Plasma. The Plasma lending market on Aave swelled above $6 billion in less than a week.

Technical Analysis Shows Strong Momentum

Technical indicators point to upside potential despite short-term profit-taking pressure at current levels, the CoinDesk Data research model shows. However, resistance levels hold firm between $290-$294 following repeated rejections.

  • Price gains 2.33% in 24-hour session.
  • Trading range spans $15.17 between $279.16 and $294.33 extremes.
  • Volume spikes to 143,188 units, well above 37,000 average.
  • Support level confirmed at $284-$285.
  • Resistance zone established between $290-$294.
  • Intraday high reaches $290.37 before reversal.
  • Consolidation pattern develops at current levels.
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