$MAGIC
Fading QuicklySnapshot Window: 2026-07-07 16:10 UTC ยท โ Back to Crypto Overview
Social Momentum Summary
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Verbatim Community Citations & Social Evidence 1 source posts analyzed
In mere days since Aave V3 went live, July has emerged as @monad โs breakout month, driving explosive DeFi growth and lifting TVL to a fresh ATH of ~ $880M+ surpassing Avalanche and Sui. All points towards a high-performance EVM L1 rapidly building institutional-grade DeFi
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AI visual note: An area chart titled "Aave V3 on Monad" shows total value locked (TVL) rising sharply from $0 to approximately $150M-$180M between July 3 and July 6, with a labeled marker indicating a peak of $180M. The chart visually represents the rapid DeFi growth on the Monad blockchain described in the post, illustrating the "explosive" TVL surge to a fresh all-time high following Aave V3's launch.