AAVE Hits $1B in RWA Deposits Amid Strong Crypto Outflows

On Thursday, February 19, Decentralized Finance (DeFi) platform Aave announced it now has a total of $1 billion in Real World Assets (RWA). Through its flagship market, Aave Horizon, Aave launched tokenized RWA and achieved $600 million in deposits by January 2026. In less than a month, the platform doubled this amount, bringing its active and on-chain RWA to $527 million each.

The news comes at a time when the crypto market has recorded its fourth consecutive week of outflows, now totaling $3.74 billion after last week’s $173 million outflow.

source: X

Aave thrives amid crypto outflows

In the past week, Bitcoin (BTC) experienced the highest disposal pressure, with outflows of $133 million, while Ethereum (ETH) followed at $85 million. 

“Crypto funds have now seen withdrawals in 11 out of the last 16 weeks,” noted a global capital markets commentator, adding that US-listed Bitcoin ETFs saw $8.5 billion in outflows since October 2025. 

CoinShares also highlighted this weakness in US-based markets, where outflows topped $403 million. Meanwhile, Europe and Canada recorded $230 million worth of inflows.

Despite general outflows, Aave is seeing heightened demand for its tokenized assets. This is especially after the US Securities and Exchange Commission (SEC) cleared its name, encouraging widespread institutional adoption.

AAVE token up 0.7%

AAVE was trading at $123.69 at press time on Thursday, February 19, after gaining 0.7% in the last 24 hours. While this price movement is trivial, AAVE’s community sentiment remains largely bullish (83%). The protocol’s current total value locked (TVL) sits at $26.7 billion, the highest among DeFi platforms, according to DefiLlama.