August Was a Landmark Month for DeFi, With Aave Crossing $30B in Deposits and Sanctum Overtaking Jupiter to Become Solana's Largest Protocol. Here's Every Major DeFi Milestone in August. $AAVE: V4 deposits hit $350M on Aug 3, surpassed $400M for a new all-time high by mid-August, and total protocol deposits crossed $30B on Aug 22 — confirmed directly by founder Stani Kulechov ("liquidity is back") — a 30% quarterly jump $NAVI: launched NAVI Prime on Aug 17, the first curator lending vault on Sui, described as the largest product overhaul in three years and the first isolated risk pool DeFi product in the Move ecosystem $COMP: DAO approved a $52M two-year development program targeting institutional credit and RWA on Aug 17, alongside announcing new leadership with Aaron Schnarch as Executive Director $CRV: Llamalend V2 launched on Optimism first (June 10), then completed a ChainSecurity audit and deployed on Ethereum mainnet Aug 13, supporting LP Token and PT as collateral and introducing new admin fee revenue for the DAO $UNI: recorded its largest single-day burn value at $590,000 on Aug 21; Robinhood Chain's tokenized stock volume figures for Aug 22 are unconfirmed; weekly UNI burn reached an elevated annualized rate, though reported estimates cluster nearer 16M UNI (~$74M) rather than 31M/$113M $JUP: launched Lend v2 on Aug 10, introducing Smart Vaults that let supplied collateral earn both lending yields and DEX trading fees simultaneously Sanctum: TVL hit an all-time high of ~$1.28B by end of Q2, climbed to ~$1.66B in Validator LSTs by late August, and surpassed Jupiter on Aug 28 to become Solana's largest protocol by TVL at ~$1.66B $HYPE: HIP-3 market open interest hit an all-time high of $4.3B on Aug 17, platform-wide OI approaching $11B; RWA perpetuals OI hit its $3.6B record on July 13, not August; Builder Code and monthly HIP-3 volume figures for August are unconfirmed $PENDLE: partnered with Valantis (Aug 27) to launch the first open market for Hyperliquid trading fee discounts; its USDD incentive program on Pendle ran May 28–Aug 27, and framing Aug 27 as a fresh "second phase" is unconfirmed $CCC (CashCow) and $FOLD (Interfold): both drafted with specific launch details, but neither returned independent coverage — treat as unconfirmed until a primary source surfaces