Aave founder Stani Kulechov denied reports that the protocol would sell AAVE tokens at a 70% discount, clarifying that any talks with Kraken about buying a stake involve existing allocations held by Aave Labs. He emphasized that all revenue from the Aave protocol and its GHO stablecoin flows directly to AAVE token holders, rejecting any notion of cheap token sales. Kulechov also announced plans for automated AAVE buybacks under the upcoming Aavenomics 3.0, extending a current program authorized to repurchase up to $50 million of AAVE annually. These developments come as Aave recovers from a major exploit in April and Kraken pursues acquisitions ahead of its planned public listing.
Aave's native token AAVE fell 3.55% to $156.12, trading below several short-term moving averages but above its 50-day and 200-day averages, indicating mixed momentum. The token's RSI and MACD suggest neutral momentum, while futures open interest rose...
The total value locked (TVL) in decentralized finance (DeFi) fell 1.18% to $90.05 billion as of October 16, 2026, down from $91.13 billion a week earlier and 21.25% below the year's peak of $114.36 billion. Ethereum remains dominant with 55.92% of TV...
Babylon Labs has submitted a proposal to Aave's governance forum to allow native Bitcoin to be used as collateral in Aave V4 without wrapping or moving it off the Bitcoin blockchain. The Bitcoin remains in a Taproot UTXO, while a non-transferable ERC...
Babylon Labs submitted a proposal on October 14, 2026, to integrate native Bitcoin as collateral on Aave V4, allowing BTC holders to borrow stablecoins without selling or transferring their coins to other blockchains or custodians. The system uses Ba...
Aave V4 users may soon borrow stablecoins using Bitcoin held natively on the Bitcoin network, thanks to a new proposal by Babylon Labs. Instead of wrapping Bitcoin on Ethereum, users lock BTC in Bitcoin vaults while an Ethereum token represents the l...
