@Plasma (that is #Plasma) when the mainnet beta was launched on September 25, 2025, there was an incredible flow of liquidity thanks to Aave integration. In the first hour, $1.3 billion in deposits entered the Aave Plasma market. Just 48 hours later, this figure reached $6.6 billion — meaning an average growth of over $1.5 billion per day!
This is one of the clearest examples of what Aave calls the "Aave effect": Aave's reliability, deep liquidity, and established reputation can propel a new network (especially stablecoin-focused Layer 1s) like a rocket. Plasma had already made a strong start with Bitfinex support, zero-fee USDT transfers (with PlasmaBFT consensus), 100+ DeFi integrations (Aave, Ethena, Euler, Pendle, etc.), and billions of dollars in stablecoin liquidity already committed. However, Aave's presence became the main catalyst triggering this explosion.
As a result, Plasma quickly rose to the top ranks in the DeFi TVL rankings (for example, the 6th place) shortly after its launch and became Aave's fastest-growing market. At its peak, Aave on Plasma TVL reached $6.6 billion, and more than 80% of Plasma's total TVL was earning yield through Aave. This shows how strong the 'Aave effect' is for new networks — without Aave, such rapid growth would have been nearly impossible.
$XPL the token also received its share of this momentum: During the launch, rapid increases were seen (some reports mentioned 20x-30x returns), but of course it fluctuated with volatile market dynamics. Plasma's stablecoin-focused structure (zero-fee USDT, high utilization rates, institutional integrations) still remains strong.
In short: Aave + Plasma = one of the fastest lending layers in DeFi history. This impact seems likely to be repeated in future network launches. 🚀