The Numbers: The total market size for Aave V3 Optimism is close to $1.3 billion

According to BlockBeats, on Aug. 5, Aave V3 Optimism has a total market size of $1.28 billion, with $907 million in total loans and $369 million in borrowings, according to BlockBeats. Aave has overtaken Synthetix for the top spot of modernism with TVL of $368 million, according to DefiLlama. As previously reported by BlockBeats, Aave V3 announced that it has activated liquidity mining on Modernism. Liquidity mining will last for 90 days and a total of 5 million OP awards will be awarded.