Etherfi has proposed to build a dedicated credit card backend on Aave V4 via a $175 million initial asset cap on the Optimism network, aiming to replace its current debt manager. The deal includes a 20% revenue share to the Aave DAO, potentially generating $5-6 million annually, supported by 70,000 cardholders and $1 billion in annual spending. The proposal also involves deploying Aave's GHO stablecoin to drive real-world demand through card transactions. The initiative is backed by $20 million from the Optimism Foundation and targets completion by July 2026, pending governance approval. This marks a significant step for Aave in linking DeFi lending with real-world consumer spending, though it carries operational and governance risks.
Chainlink's Smart Value Recapture (SVR) product generated $3.57 million in revenue last week and $12.43 million year-to-date by capturing value from liquidation inefficiencies in DeFi protocols. Most of this revenue, about 92%, comes from Aave, which...
Aave's deployment of its V3 protocol on the Celo blockchain has driven an 80% increase in monthly active users, according to new data tracked by Token Terminal. This growth highlights the success of Aave's mobile-first DeFi strategy on Celo, a blockc...
Aave V4 has exceeded $250 million in deposits, driven by improved capital efficiency and expanded lending options, signaling strong adoption despite a tough DeFi market. While some deposits came from users migrating from V3, new capital continues to ...
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...
