# July 2023 Financial Report

**URL:** <https://governance.aave.com/t/july-2023-financial-report/14540>\
**Category:** Governance\
**Created:** [August 18, 2023, 5:40pm UTC](https://governance.aave.com/t/july-2023-financial-report/14540 "2023-08-18T17:40:23Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![Llamaxyz](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/llamaxyz/32/2044_2.png) [@Llamaxyz](https://governance.aave.com/u/Llamaxyz)\
**Post date:** [August 18, 2023, 5:40pm UTC](https://governance.aave.com/t/july-2023-financial-report/14540/1 "2023-08-18T17:40:23Z")

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@Llamaxyz would like to present the July 2023 financial report to the community .

[July 2023 Financial Report](https://llama.xyz/reports/aave/july-2023-financials.pdf)

Key takeaways:

- Normalized revenue totaled $1.3m in July
  - July saw several large, offsetting inflows/outflows to the treasury, including:
  - $2m on the B-80BAL-20WETH purchase
  - $2.8m on the wsETH/rETH purchase
  - _$6.1m - $4.8m = $1.3m normalized_

- Additionally, there were some large claims from service provider streams on the expense side during the month:
  - Certora claimed $0.5m USDC and $0.5m AAVE
  - Chaos Labs claimed $0.35m USDC and $0.5m AAVE

- Total treasury holdings = $117.1m (67% AAVE)
- Deposits = $8.2b

To view all of our reports, along with more data about Aave’s treasury and runway, please visit [community.llama.xyz/aave](https://community.llama.xyz/aave)

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**Author:** ![system](https://europe1.discourse-cdn.com/flex013/uploads/aave/original/2X/e/e11637c36f45ffa158f2146f5c19438d46e0824d.svg) [@system](https://governance.aave.com/u/system)\
**Post date:** [September 17, 2023, 5:41pm UTC](https://governance.aave.com/t/july-2023-financial-report/14540/2 "2023-09-17T17:41:11Z")

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