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Aave's trading volume jumps 68% amid token growth and short squeeze

Protocol Fundamentals
02 Oct 2026, 13:20 WIB
UToday
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Bullish
Aave's trading volume jumps 68% amid token growth and short squeeze

Aave (AAVE) saw a 68% surge in trading volume, driven by its V4 upgrade surpassing $1 billion in deposits and expansion to new platforms like Arc and Base. The introduction of tokenized Coinbase equities as collateral and ongoing buyback programs have boosted investor interest. Additionally, a significant short squeeze forced bearish traders out, further fueling the price rally. AAVE's price has risen over 100% in 90 days, with $190 as the next key resistance level to watch.

Aave (AAVE) is currently priced at Rp3.306.185 on Pluang, showing a strong 12.63% increase in the last day as of Oct 02, 2026 17:43 WIB. Trading volume on the platform stands at Rp12,42 trillion, indicating high investor activity alongside the reported surge in volume. The market cap of AAVE is Rp50,51 trillion, reflecting significant market interest in the asset during this period.

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