$AAVE's TVL has grown strongly, will Defi Summer come back? $AAVE's total value locked (TVL) has surpassed $LIDO, up 50% from a yearly low of $20 billion reaching an ATH on May 12 with $40 billion, reinforcing its position as the leading lending protocol on Ethereum and the second-largest decentralized application according to TVL. This recovery marks strong confidence in Ethereum's DeFi ecosystem, which saw a decline in activity earlier this year. At the time of writing, $AAVE is generating more than $1 million in daily transaction fees, suggesting that active protocol usage far exceeds passive capital deposits. $AAVE is proving its superiority in both the product and the token's price line despite the sloppiness of Ethereum and the "aggressiveness" of the Solana ecosystem. Currently, $AAVE is fluctuating at a price of $260, leading to the growth of a series of other Defi protocols. If Defi Summer really happens, these are the Defi projects that everyone should keep an eye on $COW (CoW Protocol): A DeFi protocol that focuses on optimizing transactions through a "Coincidence of Wants" mechanism, which reduces gas costs and avoids front-running. It provides a decentralized exchange solution with a smooth user experience, integrating with DEXs. $ENA (Ethena): The project develops the USDe decentralized stablecoin, which is backed by Ethereum staking assets and uses a delta-neutral strategy to maintain a stable price. Ethena aims to provide a decentralized finance solution with high yield and low risk. $FXS (Frax Share): The governance token of Frax Protocol, a hybrid (partially collateralized) stablecoin system with FRAX as the main stablecoin. FXS is used for voting, staking and profit sharing, supporting FRAX price stability through algorithmic mechanisms $PENDLE: DeFi protocols that allow tokenization and future yield trading. Pendle separates yield from staked assets or provides liquidity, creating a market for buying and selling yields or hedging. #DeFi