AAVE Surges 2.8% as CoinDesk 20 Index Climbs – DeFi Outshines Traditional Finance Again

DeFi''s quiet powerhouse, AAVE, flexes its muscles with a 2.8% gain—outpacing the broader CoinDesk 20 Index as crypto markets shake off Tuesday''s lethargy.

Defi vs. Wall Street: No Contest

While traditional finance debates rate cuts, AAVE''s algorithmically optimized lending pools keep printing gains. The CoinDesk 20 Index—crypto''s answer to the S&P 500—ticks upward, proving digital assets move faster than Fed chairs can draft their speeches.

The Cynic''s Corner

Another day, another decentralized protocol doing what banks can''t—without the overhead of suits, compliance meetings, or $25 overdraft fees.

Leaders: AAVE (+2.8%) and BCH (+1.9%).

Laggards: POL (-2.1%) and DOT (-1.1%).

The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.