Aave Labs has acquired fixed-rate lending startup Avon to expand its decentralized finance offerings, including Avon's lending protocols and onchain order book. This move aims to introduce fixed-rate loans, providing borrowers with predictable repayment costs, unlike Aave's current variable-rate loans. The acquisition follows Kraken parent Payward's purchase of AAVE tokens, signaling growing institutional interest. Aave's network now holds over $33 billion in deposits and $13 billion in active loans, making it a major player in DeFi lending. The timeline for launching fixed-rate products has not been disclosed.
As of Nov 08, 2026 00:51 WIB, AAVE trades on Pluang at Rp2.374.231 with a slight 1-day increase of 0.04%. The token's market capitalization stands at Rp36,71 trillion, supported by a 24-hour trading volume of Rp2,21 trillion. Despite the recent acquisition news, typical hold time for AAVE on Pluang remains steady at 107 days.
Aave's risk manager, LlamaRisk, is developing time-based borrowing limits following a significant borrowing event where a wallet linked to Binance hot-wallet exploiters borrowed about $44.6 million in Wrapped Ether (WETH) within minutes. CEO Adam Sad...
Payward's affiliated fund, Digital Asset Special Investments I, LP, has strategically acquired AAVE tokens via secondary market transactions. This move strengthens institutional confidence and backing for the decentralized lending platform AAVE. The ...
Payward, the parent company of Kraken, along with clients of its asset-management business, has acquired an undisclosed amount of Aave (AAVE) tokens through secondary-market purchases. This move expands Payward's involvement in decentralized finance ...
Payward, Kraken's parent company, confirmed that an affiliated fund and clients purchased AAVE tokens on the secondary market following earlier $385 million valuation discussions with Aave. The exact amount and value of tokens bought were not disclos...
Aave Labs has acquired Avon, a startup specializing in fixed-rate lending, to integrate its lending protocols, onchain order book, and engineering team into Aave's network. This move aims to introduce predictable borrowing costs, addressing the curre...
