Over the past two weeks, nearly $1B has flowed back into deposits on the Aave protocol, including $600M in USDT, $200M in ETH, and $150M in BTC. The figures indicate on-chain users are significantly increasing collateralized lending and borrowing positions on Aave, concentrated in major stablecoins and blue-chip crypto assets. As a leading decentralized lending protocol, a short-term surge in Aave deposits is often seen as an early signal of a rebound in the DeFi credit cycle, closely tied to Ethereum ecosystem activity and demand for BTC as high-quality collateral.