Ether.fi’s wrapped liquid restaking token weETH has crossed $4 billion in deposits on Aave V3, becoming the second-largest asset by deposit volume on the biggest lending protocol in DeFi, ahead of stablecoins and wrapped Bitcoin. Over the past 30 days alone, weETH deposits grew by roughly 129,800 weETH, translating to more than $350 million in new supplied value, a 10.9% increase. By early 2026, weETH’s total deposits on Aave were estimated at around $4.47 billion, with only native ETH holding a larger deposit base. ETH-linked assets now make up approximately 36% of Aave V3’s total value locked. weETH is deployed across multiple chains including Ethereum, Arbitrum, Base, and Scroll, giving it a structural first-mover advantage over competing tokens like ezETH and rsETH.
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