# Grayscale Launches Aave Trust as its V3 TVL Surpasses $10B

*Author: David Christopher*
*Published: Oct 3, 2024*
*Source: https://www.bankless.com/de/grayscale-launches-aave-trust-as-its-v3-tvl-surpasses-10b*

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Grayscale announced the launch of its Aave-focused trust, providing investors access to AAVE tokens through a regulated fund.

## What's the scoop?
- **Largest DeFi Lending Protocol:** Aave remains the [leading lending protocol](https://www.coindesk.com/business/2024/10/03/grayscale-rolls-out-aave-fund/) by total value locked (TVL), according to DeFiLlama.
- **Series of Offerings: **This comes shortly after Grayscale launched an Avalanche Trust, and adds to its 20+ investment products.

## Bankless Take:
Grayscale's move to add Aave to its lineup shows the increasing demand for DeFi exposure among institutional investors, providing a simple, regulated path to do so. Over the past few months, Aave has ascended into the limelight thanks to strong price performance, a refocusing on fundamentals investing, and acknowledgement of its dominance in DeFi lending, with its [v3 recently surpassing $10B TVL](https://www.theblock.co/post/318751/aave-v3-surpasses-10-billion-tvl-as-defi-resurgence-gains-momentum?utm_source=twitter&utm_medium=social). It also comes as [Aave launches its partnership](https://x.com/SkyEcosystem/status/1841536151485612169) with Sky (formerly Maker), providing a nice set of tailwinds for the protocol if market forces shift in its favor.

[Grayscale’s Bull Market Bets on BanklessCrypto’s Wall Street whisperer has had a lot to say recently.![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/icon/apple-touch-icon-13.png)BanklessJun![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/thumbnail/lu.ma._poker_chips_going_all_in_a5d63e1b-c0cc-438d-9b68-5563db7f4e30.webp)](https://www.bankless.com/grayscale-bets)