Aave's recent deployment on the Plasma chain has attracted over $6.5 billion in deposits in less than a week. This staggering growth, with daily deposits exceeding $1.5 billion, has quickly established it as the second-largest of all Aave deployments.

The immediate success of Aave on Plasma highlights the market's strong appetite for scalable and efficient DeFi lending protocols. The rapid influx of capital demonstrates that users and liquidity are quick to migrate to new ecosystems that offer compelling features or advantages.

This development signals a broader trend of established DeFi protocols expanding to emerging blockchains to capture new users and assets. It also underscores the intense competition among chains to attract flagship applications like Aave to build out their own DeFi ecosystems.