AAVE Rises 13.16% to $94.32 as Aave Revenue Flow and VanEck VBILL Deposits Draw Attention

AAVE traded around $94.32 on June 27, up 13.16% over 24 hours, as attention focused on Aave’s lending economics and how value accrues to the token. According to NS3.AI, Aave founder Stani Kulechov said revenue from the Aave protocol, the GHO stablecoin, and product activity flows to AAVE rather than to Aave Labs. Separately, an update on VanEck’s VBILL noted that Horizon recorded more than $450 million in net deposits and about $135 million in borrowing after the fund was added.