The TVL of $AAVE has grown significantly; could DeFi Summer be making a comeback? The total value locked (TVL) of $AAVE has surpassed $LIDO, increasing by 50% from the year's low of $20 billion to an all-time high on May 12th with $40 billion, solidifying its position as the leading lending protocol on Ethereum and the second-largest decentralized application by TVL. This recovery marks a strong confidence in Ethereum's DeFi ecosystem, which had seen a decline in activity earlier this year. At the time of writing, $AAVE is generating over $1 million in daily transaction fees, indicating active protocol usage far beyond passive capital deposits. $AAVE is proving its superiority in both product and token price trajectory despite Ethereum's sluggishness and the "aggressiveness" of the Solana ecosystem. Currently, $AAVE is fluctuating at a price of $260, driving the growth of a series of other DeFi protocols. If DeFi Summer truly happens, these are the DeFi projects everyone should watch: $COW (CoW Protocol): A DeFi protocol focused on optimizing transactions through the "Coincidence of Wants" mechanism, reducing gas costs and avoiding front-running. It provides a decentralized exchange solution with a smooth user experience, integrated with DEX platforms. $ENA (Ethena): A project developing the decentralized stablecoin USDe, backed by Ethereum staking assets and using a delta-neutral strategy to maintain stable prices. Ethena aims to provide a high-yield, low-risk decentralized financial solution. $FXS (Frax Share): The governance token of the Frax Protocol, a hybrid stablecoin system (partially collateralized) with FRAX as the main stablecoin. FXS is used for voting, staking, and profit sharing, supporting FRAX price stability through an algorithmic mechanism. $PENDLE: A DeFi protocol that allows for the tokenization and trading of future yield. Pendle separates yield from staking assets or liquidity provision, creating a market for buying, selling, or hedging yield. #DeFi