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DEFI Yield Lending Aave Layer2s Daily Outstanding Debt

DeFi

The total USD value of debt currently borrowed against collateral on Aave's deployments across Layer 2 networks, updated daily Shown here for Optimism.

Why it matters

To track how much borrowing activity Aave is generating specifically on Layer 2 scaling networks.

How it is built

Summing the USD value of all outstanding borrowed positions across Aave's Layer 2 market deployments, recalculated each day.

What to watch

Rising Layer 2 outstanding debt shows borrowers increasingly favor Aave's lower-fee Layer 2 markets over its mainnet Ethereum deployment.

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