Multicoin Capital bought 338,005 AAVE tokens at an average price of $218 each through Galaxy Digital's OTC desk, investing about $73.7 million. AAVE's price has since dropped roughly 55% to around $97, leaving Multicoin with an unrealized loss exceeding $40 million. The firm appears to be selling its AAVE holdings to cut losses, which could add downward pressure on the token. This reflects broader challenges for DeFi tokens, which have lagged behind Bitcoin's strong 2026 rally, highlighting risks in large OTC trades in thin altcoin markets.
Aave has deployed its V4 lending platform on the Avalanche blockchain, marking its first expansion beyond Ethereum. This upgrade introduces a Hub & Spoke framework allowing decentralized liquidity sharing with independent risk management, aimed at su...
Aave DAO has proposed an innovative mobile app that integrates fiat currency deposits, self-custody, and decentralized finance (DeFi) lending in one platform. This app allows users to convert fiat to stablecoins and earn yields without needing extern...
Monad has increased its weekly incentives to $75,000 to support liquidity for Agora's AUSD stablecoin on its blockchain. AUSD is a US dollar-backed stablecoin managed by VanEck, with reserves in cash and US Treasury bills. This move follows Monad's r...
Aave has deployed its V4 lending protocol on Avalanche, marking its first expansion outside Ethereum. This launch focuses on institutional lending backed by tokenized real-world assets, using a new Hub and Spoke architecture to enable specialized cre...
Aave V4 has launched on Avalanche, marking its first expansion beyond Ethereum and introducing specialized lending markets for tokenized real-world assets like US Treasuries and corporate bonds. This new Hub-and-Spoke architecture allows institutions...
