According to @MilkRoadDaily, Aave’s average quarterly revenue was $5M in 2022, $4.6M in 2023, $21M in 2024, and $24.6M in 2025, reflecting roughly a 5x increase over two years (source: @MilkRoadDaily). Based on @MilkRoadDaily’s figures, the 2025 average is about 17% higher than 2024, indicating accelerating top-line momentum that traders can incorporate into AAVE fundamentals and revenue-multiple tracking (source: @MilkRoadDaily). For trading setups, a sustained quarterly run-rate near $25M can serve as a fundamental anchor when assessing AAVE spot and perp market reactions and risk-adjusted entries, with $24.6M as the latest benchmark (source: @MilkRoadDaily).