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Aave DAO Revenue Hits $140M as Governance Dispute Intensifies


Aave DAO Revenue Hits $140M as Governance Dispute Intensifies

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  • Aave DAO posts $140M revenue in 2025, surpassing its prior three years combined.
  • Kulechov addressed controversy over his personal $15M purchase of AAVE tokens, clarifying that they were not used to vote on the recent governance proposal.
  • Reports suggest the founder bought around $10M of AAVE just before a major vote, raising concerns about too much control held by a single person.

Aave founder Stani Kulechov announced on X that the company’s decentralized autonomous organization (DAO) generated $140 million in revenue this year, exceeding the combined total of the previous three years of DAO income. This is a major step forward for one of the biggest DeFi lending protocols.

Kulechov emphasized that AAVE token holders control the DAO’s funds and admitted that the company hadn’t done a good enough job explaining how its products generate revenue. He promised to be …

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