Aave has filed an urgent motion in New York to overturn a restraining order freezing about $73 million in Ether recovered after a major April 18 hack on the Kelp DAO platform. The freeze was requested by Gerstein Harrow LLP, representing clients with judgments against North Korea, alleging the stolen funds are linked to North Korean hackers. Aave argues the assets belong to the victims, not the alleged criminals, and warns the freeze threatens the broader DeFi recovery effort, which has gathered over $327 million for restitution. The court has yet to decide, and Aave demands a $300 million bond if the freeze continues.
Aave's new lending market on the Monad blockchain surpassed $100 million in deposits within 48 hours of launching on July 2, 2026. Monad is a high-speed, EVM-compatible Layer 1 chain known for its fast transaction speeds, making it attractive for DeF...
Aave DAO has surpassed $1 million in swap revenue, marking a new income stream beyond its traditional lending fees. This growth is driven mainly by Ethereum, with contributions from other chains like Arbitrum. User activity also surged, with new AAVE...
Aave has deployed its V3 lending protocol on the Monad Layer 1 blockchain, supporting a dozen digital assets including USDT, USDC, and GHO stablecoin. This launch integrates Chainlink’s Smart Value Recapture to enhance protocol revenue and liquidity....
Aave V3, the leading decentralized lending protocol, has been deployed on Monad, a high-performance EVM-compatible blockchain. This expansion signals Monad's readiness for serious DeFi activity and offers Aave a first-mover advantage in a growing eco...
Aave has deployed its V3.7 lending protocol and native GHO stablecoin on Monad, a high-throughput Layer 1 blockchain, supported by $15 million in incentives from the Monad Foundation to encourage liquidity and adoption. The deployment includes 12 ass...
