In December last year, a public dispute erupted between Aave's DAO and Labs, leading to a loss of approximately $500 million in Aave's market capitalization and a setback in investor confidence. However, online activity remained stable, with daily active addresses and token circulation experiencing a surge during the price decline. Since January this year, as signs of the dispute being resolved have emerged, market sentiment has improved. The fundamentals of the protocol remain solid, with a total value locked of around $36 billion and annualized fees approaching $700 million, supporting the recent price rebound.
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In December last year, a public dispute erupted between Aave's DAO and Labs, leading to a loss of approximately $500 million in Aave's market capitalization and a setback in investor confidence. However, online activity remained stable, with daily active addresses and token circulation experiencing a surge during the price decline. Since January this year, as signs of the dispute being resolved have emerged, market sentiment has improved. The fundamentals of the protocol remain solid, with a total value locked of around $36 billion and annualized fees approaching $700 million, supporting the recent price rebound.