Aave

Aave ($AAVE) is a decentralized money market that runs on the Ethereum blockchain. It’s most notable for its loan system, which allows users to earn interest on deposits and borrow assets with an interest rate. The interest rate is determined algorithmically. Originally named ETHLend in 2017, it was renamed to Aave in 2018. With the rebrand, it also updated its money market function: previously with ETHLend, borrowers and lenders were individually matched. Aave utilizes a liquidity pool system, where crypto loan assets are pooled together. Users must post collateral before borrowing but can only borrow up the value of said collateral. One benefit of Aave is that a user can gain exposure to different cryptos without having to actually own all of them.

Ethereum

The Nasdaq-listed company has 46,676 ETH backing its borrowings, and the loan could become eligible for liquidation if ether slides to around $1,700.

Ethereum treasury firm BTCS sold ether at a loss to keep $64 million Aave loan healthy

LlamaRisk proposed freezing rsETH, osETH, LBTC, tBTC, rETH and smaller reserves on Aave V3 Core, assets backing $1.03B of debt, with positions left open.

LlamaRisk Proposes Freezing rsETH, osETH and LBTC on Aave V3 Core

Bitcoin

Aave DAO voted to let Bitcoin holders lock native BTC in Babylon's self-custodial vaults and borrow USDT, USDC and other assets on Aave V4 once it goes live.

Aave DAO Approves Native Bitcoin as Collateral on Aave V4 via Babylon

Aave Labs acquired the team and technology behind Avon, including fixed-rate lending protocols and an onchain order book, to expand the loans Aave offers.

Aave Labs Acquires Avon Team and Tech to Build Fixed-Rate Lending

Aave Labs acquired the team and technology of Avon, an onchain fixed-rate and floating-rate lending protocol.

Aave Labs buys Avon team in fixed-rate lending push

Payward Asset Management's Gurpreet Oberoi and Aave Labs CEO Stani Kulechov said the deal reflects growing institutional demand for DeFi exposure today.

Kraken Parent Payward Buys AAVE Stake With Clients

Payward disclosed neither the size nor price of the AAVE purchases and said it may acquire more tokens.

Payward-affiliated fund and clients buy AAVE token stake on secondary market

The investment follows talks first reported by CoinDesk in June that included a proposed equity stake in Aave Group.

Kraken parent Payward and its clients buy AAVE tokens in DeFi investment push

Aave froze lending on all networks after the Binance hack and is unfreezing in waves, keeping USDT, USDC and seven other assets from backing new borrows.

Aave Unfreezes Markets After Binance Hack, Keeps Nine Assets at Zero LTV

Aave froze 292 reserves across its V3 and V4 markets following a major Binance security breach that saw attackers steal more than 195,000 ETH and millions of dollars in altcoins.

Binance Hack Fallout: Aave Freezes Lending Across 16 Networks

Chainlink

Chainlink launched 24/7 market data for tokenized stocks and commodities, using perp prices when markets close, with Aave adopting it for RWA collateral.

Chainlink Launches 24/7 Tokenized Stock Pricing, With Aave as Launch Partner

The service uses perpetual futures quotes to update reference prices when traditional markets close.

Chainlink adds weekend pricing for tokenized assets, with Aave as launch partner

A formal Aave Request for Comment (ARFC) has been published on the Aave governance forum proposing the integration of native Bitcoin as collateral for Aave V4.

Aave Governance Proposes Native Bitcoin Collateral Integration for V4 via Babylon Trustless Vaults

Aave founder Stani Kulechov is criticizing proposals from European regulators that could extend restrictions on stablecoin yield and place new controls around access to DeFi. MiCA Review Puts DeFi Access in Focus Aave founder Stani Kulechov is warning that Europe risks regulating the openness of decentralized finance.

Aave Founder Warns EU MiCA Review Could Restrict DeFi Access

Aave jumped 11% on speculation over a token burn, with 72 of 100 CoinDesk 100 constituents higher even as the 10-year Treasury yield sat at 5.234%.

Aave leads DeFi higher as crypto shrugs off surging bond market

USDC

Aave V4 added Apple, Nvidia, Tesla, and four more tokenized stocks as collateral for USDC loans for non-U.S. users.

Aave V4 on Base adds Coinbase tokenized stocks as collateral for USDC loans

Aave founder Stani Kulechov sees an 'Uber path' for DeFi if U.S. crypto legislation stalls, he told The Starting Block.

Aave founder pitches ‘Uber path' for DeFi after Clarity Act fails Senate vote

Ethena 

Pepe

Pump.fun

Zcash

While bitcoin has ripped 23.6% higher over the last seven days and ethereum has blasted 31.2%, the real fireworks have been deeper down the board, where Pump.fun's PUMP has exploded 99% and Ethena's ENA has ripped 98.57%.

Altcoins Rip Higher, but One Brutal Metric Kills the Altseason Hype

Hyperliquid

Uniswap

Bitwise Chief Investment Officer Matt Hougan on Wednesday said crypto is becoming a revenue-driven market and most investors have not noticed yet, creating a valuation gap that could double prices across major DeFi tokens. Why Does Hougan Say Crypto Valuations Look too Low?

Crypto's 'Revenue Revolution' Could Double HYPE, UNI, AAVE Valuations, Bitwise Exec Says

Aave is preparing to wind down deployments on six blockchains and remove dozens of lightly used asset markets. The overhaul affects $98.1 million in deposits as the lending protocol narrows its focus to larger, more productive markets.

Aave Founder Stani Kulechov Backs $98M Market Cleanup

A governance proposal would shut deployments on Sonic, Scroll, zkSync, Metis, Soneium and Aptos, and retire 50 asset markets elsewhere. Deposits on some have fallen more than 90%.

The economics behind Aave proposal to ditch 6 chains that earn loose change in revenue

Aave proposed deprecating 75 reserves and six deployments, affecting $98.1 million in supplied assets and $15.6 million in debt.

Aave proposes reserve deprecations affecting $98 million in supplied assets

Avalanche

Aave Labs founder Stani Kulechov on V4's Avalanche debut, disrupting prime brokers, and why RWAs will double to $100 billion by December.

Stani Kulechov on Aave V4, Avalanche, and why RWAs will hit $100 billion this year

Morpho 

Galaxy will act as the sole intermediary between the accredited borrowers and the blockchain-based lending protocols.

Galaxy blends Aave, Morpho and other DeFi rates in new GOFR crypto borrowing product

Aave's new Stable Vaults product lets wallets, exchanges and payment apps offer yields on stablecoin deposits

News for Aave Crypto (AAVE)