Analyst: AAVE Gold deposits surge by 91%, demand for XAUT rises
2026-08-19 00:56:45
According to CoinMeta, the Tether gold ( XAUT ) deposits on the AAVE platform have surged from 40 million US dollars to 76.7 million US dollars, representing an increase of about 91.7%. The utilization rate of the stablecoin AAVE has reached approximately 82.5%, with 7.4 billion US dollars lent out of a total supply of 8.98 billion US dollars. The current price of AAVE remains above 85 US dollars, and 108 US dollars is the key 200-day EMA resistance level. With global uncertainty and rising gold prices, AAVE is becoming the main destination for tokenized gold.
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Source:Coinpedia
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