Aave’s presence on the Celo blockchain just got a lot more visible. Token Terminal announced on July 6 that it now tracks Aave’s on-chain data on Celo, and the first headline number is a big one: monthly active users on the network are up roughly 80% over the past month.

What the numbers actually tell us

The 80% MAU increase represents Aave’s user adoption trajectory on Celo since the protocol’s V3 deployment there. Aave V3 went live on Celo on March 17, 2025, following community governance approval the year prior.

Token Terminal, which publishes standardized on-chain metrics across protocols, now provides analytics for Aave on Celo covering active addresses, revenue, and monthly active users.

The supported asset list on Celo includes CELO, USDC, USDT, cUSD, and cEUR. Transaction costs on Celo sit below one cent, with near-instant finality.