Mantle Network has moved its proposal to lend up to 30,000 ETH to Aave's DeFi United rsETH rescue initiative into a governance vote on Snapshot. This loan aims to support the recovery from the April 18 rsETH bridge exploit by providing structured credit to clear bad debt and collateral shortfalls. The DeFi United multi-DAO effort has raised over 1.13 million ETH (about $314 million) from various DAOs and protocols to restore healthy collateralization. If approved, the loan will run up to 36 months with floating yield terms, backed by Aave DAO's revenue and tokens, marking a significant coordinated DeFi intervention to aid affected users beyond simple liquidation.
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...
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...
