DeFi is showing signs of recovery, with Aave hitting a new record of around 40,000 active weekly borrowers, driven by new lending markets like Base and Scroll. Base now accounts for nearly 30% of unique wallets on Aave V3, followed by Arbitrum and Polygon. Aave, the third-largest DeFi protocol, has seen its TVL increase by 70% this year to $11.85 billion, though it's still below its peak of $20 billion in 2021. The broader DeFi ecosystem has also grown, with a 40% increase in TVL this year, despite recent market corrections. Source: Cointelegraph