aave

Aave founder Stani stated that the recent gradual contraction of low adoption assets and networks on Aave should not be interpreted as a judgment on any L1 or L2. This move is primarily aimed at reducing Aave's risk exposure in operational, technical, and economic aspects, thereby concentrating resources on more impactful key directions, including expanding existing high-value markets and developing securities financing business.He also emphasized that L2 remains an important component of the Ethereum user experience. For example, the stablecoin vault in the Aave application uses L2 as its accounting layer, with the goal of driving mainstream users into decentralized finance. Meanwhile, networks like Avalanche are also promoting the on-chain of real-world assets through institutional business expansion, which has been a relatively weak area for Ethereum in the past.

According to Aave founder Stani Kulechov, after completing a comprehensive review, Aave will gradually phase out 50 low adoption rate asset reserves across multiple deployment environments and orderly stop deployments on Sonic, Scroll, zkSync, Metis, Soneium, and Aptos, involving an additional 25 asset reserves.In addition, 21 expired Pendle PT assets will also be eliminated and replaced by new expiring assets. This adjustment involves approximately $98.1 million in supply assets and $15.6 million in debt. Stani stated that this move aims to reduce the economic and technical risks of the protocol based on the new Aave risk framework and technical asset listing framework, and Aave will continue to assess the risks of assets in each deployment environment.

Castle Labs released a report stating that since the beginning of the year, crypto protocols have generated approximately $7.42 billion in revenue, but most token prices have failed to reflect the fundamentals of the protocols. The report analyzes six protocols, including Aave, Hyperliquid, PumpFun, and Uniswap, finding that they collectively generated about $726 million in revenue in the first half of 2026. However, after accounting for token issuance, unlocks, and incentives, the net value inflow for token holders turned negative for some projects.The report points out that Hyperliquid has burned over 47 million HYPE tokens, and PUMP has completed over $315 million in buybacks, yet the token is still down about 60% from its issuance price. Protocol revenue does not necessarily translate into token value, and investors should also pay attention to factors such as value return mechanisms, token unlock pressure, and equity structure.

According to DefiLlama data, the Ethereum chain random NFT acquisition protocol Fake World Assets, developed by the two-person team Token Works, surpassed the daily revenue of Collector Crypt on Solana within four days of its relaunch on July 20.On July 25, the peak daily revenue reached $447,604, with total fees of $1.6 million, and approximately 90,000 transactions including about 35,000 draws, with a trading volume of around 2,000 ETH. After that, activity declined, with revenue in the past 24 hours dropping to $167,869, ranking second in daily revenue among Ethereum protocols, only behind Sky ($464,303), and ahead of Aave ($105,282) and Uniswap ($76,028).In this protocol, depositors list NFTs along with their pledged ETH collateral (similar to Uniswap V2 trading pairs), where the collateral determines the weight of each NFT and provides depositors with irrevocable continuous bids to reacquire the NFT. Anyone can pay the acquisition price generated by the liquidity pool to obtain a randomly selected NFT.The pool has accumulated over 1,500 NFTs including CryptoPunks, with randomness provided by Chainlink VRF. The token emission incentives expire 15 days after launch, and daily fees have decreased by about half from their peak. Collector Crypt on Solana remains the leader in this sector, with users spending over $209 million on its card packs in June alone.

Aave founder Stani Kulechov posted on X that the CLARITY Act will grant banks the legal authority to use digital assets and distributed ledgers without prior notice or approval, covering custody, staking, and lending, which represents a significant expansion of accessible market space for the crypto industry.Previously, he also stated that the bill is not perfect, and many aspects depend on the subsequent formulation of actual authorization rules, but it is the first regulatory framework to touch on DeFi, creating certainty for institutions, fintech companies, and banks to use on-chain business. He noted that once the CLARITY Act is passed, it will bring favorable conditions and investment for on-chain business similar to what the GENIUS Act has done for stablecoins.

Aave founder Stani posted on the X platform stating that there is a greater need than ever for all parties in the industry to reach a consensus and make every effort to promote the smooth passage of the CLARITY Act in the United States.Although the bill is not perfect at this time and there are still many details that need to be developed by regulatory agencies in the future, it will become the first regulatory legislation involving DeFi, providing a clear legal framework and regulatory certainty for institutions, fintech companies, and banks to participate in on-chain finance.Once officially passed, its impact on the on-chain financial ecosystem is expected to be similar to the development opportunities brought to the stablecoin industry by the previous GENIUS Act, attracting more investment and institutional funds into the on-chain space.Over the past year, especially in recent weeks and days, the Aave team has been in close communication with relevant policymakers in Washington, D.C., and is currently in the "last mile" of promoting the implementation of the bill, a crucial stage.

According to Onchain Lens monitoring, Abraxas Capital withdrew 13,500 ETH from Aave, worth approximately 26 million dollars.In addition, Abraxas Capital also withdrew 1,790 ETH from Binance, worth approximately 3.4 million dollars.

According to Onchain Lens monitoring, Abraxas Capital has just withdrawn 20,000 ETH (approximately 38.47 million USD) from Aave.

Aave V4 has been deployed to the Avalanche network, marking the first multi-chain deployment of the Aave V4 Hub & Spoke architecture. This deployment includes a core liquidity hub and three sub-markets: the main market supports lending of assets such as WAVAX, BTC.b, USDC, USDT, and WETH.e; the AVAX-related market focuses on AVAX liquidity staking strategies, allowing users to deposit sAVAX with a 95% collateral rate and borrow WAVAX; the foreign exchange market supports mutual collateralization and lending among three stablecoins: EURC, USDC, and USDT.The core liquidity hub adopts a shared liquidity pool design, with all sub-markets sharing the same pool to avoid liquidity fragmentation. Aave stated that since its deployment on Avalanche in 2021, the historical cumulative inflow for V2 and V3 has exceeded $15 billion, and the current stablecoin utilization rate in the V3 market is over 90%.

Aave announced that it has selected Chainlink CCIP as its cross-chain infrastructure standard. CCIP is currently delivering infrastructure a.DI through Aave to undertake cross-chain GHO transfers and multi-chain governance execution.Subsequently, cross-chain logic for the Aave App will be supported through Stable Vaults, covering scenarios such as vault rebalancing, yield optimization, deposits, and transfers. Relevant cross-chain operations will take place between Ethereum, Base, and Arbitrum.

Interactive Brokers announced on Tuesday the expansion of its digital asset business, adding trading tokens such as Aave, Aptos, Canton, Lido DAO, Monad, NEAR Protocol, Plasma, Pax Gold, and Uniswap, and supporting 24/7 stablecoin wallet transfers via USDC, PYUSD, and RLUSD.As of mid-2026, Interactive Brokers manages approximately $930.3 billion in client assets, with cryptocurrency trading commissions starting at 0.12% to 0.18% of the total transaction amount, with a minimum order fee of $1.75, and no additional spreads, markups, or custody fees. The company stated that accounts in the UK and Ireland cannot use stablecoin two-way deposits, and clients of the Irish affiliate cannot access the newly launched crypto assets.

Aave Labs announced the launch of Stable Vaults, which are open to third-party developers and enterprises. Stable Vaults can convert on-chain floating lending yields into fixed income and automatically complete cross-chain liquidity management, asset rebalancing, and yield distribution, enabling enterprises to quickly build stablecoin yield products.Aave Labs stated that this solution has been applied to the Aave App and is now available for integration by wallets, exchanges, neobanks, payment companies, and fintech enterprises, and it also supports the integration of any ERC-4626 yield strategy.

According to on-chain analyst Onchain Lens (@OnchainLens), Abraxas Capital has supplied approximately $39,000,000 in assets to the Aave protocol in the past 24 hours, specifically including 15,000 ETH (approximately $26,420,000), 9,912,000 USDT (approximately $9,910,000), and 49.986 WBTC (approximately $3,080,000).In the last 2 hours, an additional supply of 7,000 ETH (approximately $1,227,000) and 4.412 million USDT (approximately $441,000) was made.

According to DeFiLlama data and X user @y_cryptoanalyst's post, MegaETH's total value locked (TVL) across the chain has dropped to approximately $31.18 million, a decrease of 59.44% in the last 24 hours. Among them, the TVL of the leading on-chain protocol Aave V3 is approximately $11.09 million, down 80.10% in the last 24 hours and down 86.34% in the last 7 days.From DeFiLlama data, Aave V3 remains the largest source of TVL for MegaETH, and its capital fluctuations have significantly impacted the overall chain data. The user stated that this round of significant TVL withdrawal for MegaETH is closely related to the capital outflow from Aave V3, bluntly saying "Success comes from Aave, failure also comes from Aave."

According to Onchain Lens monitoring, the Abraxas Capital address deposited 8,000 ETH into Aave, worth 14.15 million USD.

According to Token Terminal data, the Invesco tokenized U.S. Treasury Bond Fund USTB saw a quarter-over-quarter increase of approximately 300% in deposits to Aave in the second quarter.USTB is managed by Invesco and issued based on Superstate's FundOS transfer agent and tokenization infrastructure, demonstrating the ongoing deepening integration of real-world assets (RWA) with DeFi protocols.

According to The Block, the decentralized lending protocol Aave saw its deposit scale surpass $100 million about two days after launching the V3 market on the Monad network. Aave deployed the V3 version on July 3, introducing lending functions and the GHO stablecoin to the network for the first time, initially supporting 12 assets including USDT 0, USDC, GHO, WETH, and cbBTC. Within 24 hours of launch, the deposit scale had already exceeded $75 million.According to the Aave governance proposal, the Monad Foundation has committed to providing $15 million in incentives over the next 12 months and to purchase and hold 10 million GHO for at least 6 months; the Aave DAO will also provide an additional 500,000 GHO to support the development of the stablecoin ecosystem.In addition, Aave founder Stani Kulechov stated that the deposit scale of Aave V4 on the Ethereum mainnet has also surpassed $250 million, setting a historical high for this version. He expressed hope that the future deposit scale of V4 will further grow to $1 billion and continue to expand into crypto asset collateralized loans and securities-backed lending businesses.

Aave has deployed the V3 lending protocol on Monad, with the initial market supporting a total of 12 assets: USDT 0, USDC, Aave stablecoin GHO, USDe, mUSD, AUSD, WETH, cbBTC, wstETH, weETH, syrupUSDC, and sUSDe. In this deployment, Aave has enabled the Chainlink Smart Value Recovery mechanism (SVR) at launch for the first time, which can return part of the MEV value generated during the liquidation process back to the protocol.The Monad Foundation will invest $15 million as incentive funds within the first 12 months after the project launch and has agreed to purchase 10 million GHO and hold it for at least six months; Aave DAO has also committed to invest 500,000 GHO as incentives to support applications on Monad.