This analysis provides an in-depth exploration of the AAVE and stAAVE movements on the Ethereum Mainnet, focusing on supply/withdrawal and stake/unstake activities occurring on the AAVE platform. To conduct a comprehensive examination, we thoroughly analyzed the AAVE token on the AAVE, scrutinizing various crucial parameters.

Firstly, I compare AAVE volume and user metrics with other tokens on the AAVE platform to assess its market performance.

Secondly, we closely study AAVE and stAAVE movements, analyzing user flow, transactions, and volume to understand token usage patterns.

We also investigate user behavior and activities on the AAVE platform, comparing AAVE movement on Polygon with the Ethereum chain

And lastly, We examine stake/unstake actions to identify trends and patterns.

Upon closer examination, it becomes evident that AAVE does not rank among the top 10 tokens based on deposit volume. With a deposit volume of 32 million US dollars, AAVE falls behind TUSD and BUSD, each having a volume of 39 million.

However, when considering the number of depositors, AAVE emerges as one of the top tokens on the AAVE platform. With 557 unique depositors in the last 180 days, AAVE secures a position among the leading tokens, trailing behind WBTC and LINK.

In the past 180 days, AAVE has demonstrated significant withdrawal volume performance, securing a position among the top tokens. With withdraws amounting to 104 million, AAVE ranks prominently after WBTC, CRV, and LINK tokens. Additionally, AAVE remains strong when considering the number of unique withdrawers, with 170 individuals withdrawing from the platform.

This places AAVE within the top 10 tokens, following LINK, CRV, and SNX.