Aave V4, the latest version of the Aave lending protocol, has surpassed $400 million in total deposits just months after its May 2026 launch, doubling multiple times since then. This milestone reflects strong user adoption driven by V4's new Liquidity Hub and Borrow Spokes architecture, which isolates risks across lending markets, and its support for real-world assets, expanding institutional participation. Meanwhile, Aave V3 continues to operate with $19.4 billion in value locked, allowing users to migrate to V4 at their own pace. The dual operation of V3 and V4 enhances revenue generation and gives the Aave DAO flexibility in managing the transition.
Ethereum core developers face criticism for allegedly deleting about 50 comments opposing the staking rewards cap proposal (EIP-8363), which currently has only 3% validator support. Critics argue the proposal, which caps staking rewards if 50% of ETH...
The stablecoin market cap increased by $1 billion on the TRON network last week, outpacing other chains significantly. This growth, led by issuers like United Stables, reflects rising demand for liquidity in the crypto market. Despite this, stablecoi...
Pendle Finance has launched a new USDG yield market on OKX's XLayer, a zkEVM Layer 2 network, allowing users to lock in fixed returns on the regulated Paxos-backed stablecoin USDG. This market, maturing in October 2026, uses Pendle's tokenization mod...
Major cryptocurrencies saw price declines, with Bitcoin dropping 2.1% to $63,925 and Ethereum falling 2.8% to $1,873.93. Other notable coins like Binance Coin and Solana also declined, reflecting a broad market pullback. Stablecoins remained steady n...
Aave suffered approximately $195 million in bad debt after an attacker exploited a KelpDAO cross-chain bridge hack that minted $292 million worth of unbacked rsETH tokens. These tokens were used as collateral to borrow $190 million in assets on Aave,...
