TVL

Polygon Risks Losing Over $300 Million TVL as Aave Halts PoS Lending Services

The Aave community has approved a measure to halt lending services on Polygon’s Proof of Stake (PoS) chain, which could result in a loss of over $300 million in total value locked (TVL) on the chain. Aave is currently the largest decentralized application on Polygon PoS, with deposits exceeding $300 million.