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 DeFi applications. The launch was supported by $15 million in incentives from the Monad Foundation and a strategic deployment of 10 million GHO stablecoins to seed liquidity. While the initial deposit surge is largely incentive-driven, Aave's strong track record suggests potential for sustainable growth, especially if borrowing activity increases. This expansion also marks GHO's first deployment on a non-Ethereum Layer 2 chain, broadening its use cases. Investors should watch for continued borrowing demand and further protocol deployments on Monad to validate its long-term viability.
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...
Aave V4 has launched its Global Dollar Hub, a new liquidity hub centered on the regulated stablecoin USDG issued by Paxos. Users can deposit PT-USDG principal tokens as collateral to borrow USDC and USDT, enabling fixed-rate stablecoin borrowing. Thi...
