News Heat Trend
Project Overview
Aave is a decentralized finance protocol for borrowing and lending, where users can participate as depositors or borrowers. Depositors provide liquidity to the market to earn a passive income, while borrowers are able to borrow in an overcollateralized (perpetually) or undercollateralized (one-block liquidity) fashion. AAVE is used as the center of gravity of Aave Protocol governance, allowing users to vote and decide on the outcome of Aave Improvement Proposals (AIPs). Additionally, AAVE can be staked within the protocol's Safety Module to provide security/insurance to the protocol and depositors. Stakers earn staking rewards and fees from the protocol.
Analysis: PONS ranks 13th in revenue over the past 30 days, with a valuation-to-revenue ratio only about one-tenth of PUMP's
According to Odaily, Blockworks Research analyst AJC stated that over the past 30 days, PONS ranked 13th in crypto market revenue, yet its FDV/Revenue multiple stands at just 0.7x—the lowest among the top 15 tokens by revenue.For comparison, CARDS, PUMP, CAKE, AAVE, HYPE, and LINK have FDV/Revenue multiples of approximately 2.8x, 7.7x, 9.6x, 45.2x, 168.5x, and 212.2x, respectively. AJC believes that PONS' current valuation relative to its revenue level is significantly lower than that of other high-revenue protocols.
Aave 创始人：Aave 调整低采用率资产与网络布局，旨在聚焦高价值市场与证券融资
Aave 创始人 Stani 表示，近期对 Aave 上低采用率资产及网络的逐步收缩，不应被解读为对任何 L1 或 L2 的立场判断。此举主要是为了降低 Aave 在运营、技术及经济层面的风险敞口，从而将资源集中于更具影响力的重点方向，包括扩大现有高价值市场以及拓展证券融资业务。
Bio Protocol Launches OpenLabs, Plans to Support Scientific Projects and Agent Collaboration via USDC Yield Mechanism
DeSci protocol Bio Protocol has announced the launch of OpenLabs, positioning it as a coordination layer for human-agent collaboration in scientific research, aimed at transforming scientific ideas into funded execution projects. OpenLabs comprises five interconnected layers: Posts & Discovery, Projects, Agent Collaboration, Web3 Incentive Layer, and a Bounty System. Regarding incentives, OpenLabs plans to adopt a USDC yield-based funding mechanism to finance agent reasoning and tool usage. Users can deposit USDC and select projects to support; funds are allocated to audited yield vaults such as Morpho and Aave. The generated yield flows to projects for computation, queries, and simulations, while the principal assumes no risk. When a project reaches the stage requiring real capital, it can issue tokens via the Bio launchpad or pursue private fundraising and follow the traditional biotech path.
Ripple plans to introduce an institutional-grade lending protocol on XRPL, allowing tokenized assets to be used as collateral for financing.
Ripple is advancing the addition of a lending infrastructure layer on the XRP Ledger (XRPL), enabling institutions to raise funds using on-chain tokenized assets as collateral. The protocol will automatically execute loan terms, while credit evaluation and lending decisions remain handled by off-chain institutions.According to disclosures, the proposal is named the XRPL Lending Protocol (corresponding to XLS-65 and XLS-66 standards). It is currently in the technical draft stage and will require approval through validator voting before launching on the mainnet, but developer testing has already been opened on the test network.The protocol’s design splits the lending process into two parts: on-chain management of liquidity pools, interest calculation, repayment execution, and default handling; while borrower credit assessment and loan term setting remain with traditional financial institutions to meet compliance requirements across different jurisdictions.Ripple states that the mechanism is primarily aimed at institutional short-term liquidity needs. For example, in cross-border payment scenarios, temporary financing through stablecoins or collateral assets can be obtained before settlement is completed, thereby improving capital efficiency.Analysts believe that while the plan attempts to introduce a “rule-enforced lending infrastructure” similar to traditional finance while maintaining XRPL's open network attributes, it will still face competition from established on-chain lending protocols such as Aave, Compound, and Maple. (CoinDesk)
Kraken 洽谈收购 Aave 15% 股份，估值 3.85 亿美元
Kraken 正洽谈以 3.85 亿美元估值收购 DeFi 借贷协议 Aave 的 15% 股份，投资额约 7100 万美元。此次投资是 Payward 为潜在 IPO 推进多元化布局的一部分。
Aave CEO: Will Never Sell AAVE Tokens at a 70% Discount, Designing Aavenomics 3.0 Buyback Mechanism
Odaily Odaily: In response to recent community discussions, the Aave CEO issued a statement clarifying that Aave will never sell AAVE tokens at a 70% discount.According to the "Aave Will Win (AWW)" proposal, 100% of the revenue generated by the Aave protocol and the GHO stablecoin belongs to AAVE token holders. This principle also applies to all product revenues, including Aave App, Aave Pro, and Swaps. As a service provider for Aave DAO, Aave Labs is solely responsible for protocol development and expansion and does not receive any protocol or product revenue.The Aave CEO revealed that Aave's current annualized revenue has reached $134 million, all of which belongs to Aave DAO. Additionally, the Aave brand and related software intellectual property rights belong to AAVE.Furthermore, the team is designing Aavenomics 3.0, which plans to introduce a new, automated, non-discretionary buyback mechanism. More details will be announced later. He stated that Aave's goal is not only to serve the crypto market but also the entire financial asset market, including Real World Assets (RWA).
US equity exposure can now participate in DeFi on-chain, Coinbase natively launches tokenized stocks on Base
: Coinbase announced that its tokenized stocks have been natively launched on the Base chain, built on the B20 standard, with the underlying stocks actually held on a 1:1 basis by regulated custodian Alpaca through a bankruptcy-remote structure. Token holders directly own the corresponding stock ownership. Non-US users in globally compliant jurisdictions only need a wallet and an internet connection to gain US equity exposure without a brokerage account or waiting for settlement, and can trade in a 7×24 AMM pool. The first batch supports companies such as Apple and Nvidia. Tokenized stocks can be freely held, transferred, and traded, with no whitelisted wallets or platform lock-ups. Users can use tokenized Nvidia stock as collateral to borrow on Aave, or deposit Apple stock into a decentralized exchange to earn yield. Dividends and stock splits are handled through an on-chain multiplier mechanism. Ecosystem projects such as Aerodrome and Aave have publicly supported the B20 standard. Coinbase stated that more tokenized stocks will be listed in the coming weeks, and it will continue to bring other real-world assets on-chain.
Andre Cronje: DeFi No Longer Exists, Only On-Chain Finance Remains
Odaily News: Andre Cronje, founder of DeFi platform Flying Tulip and creator of Fantom Network, stated that most DeFi protocols are no longer truly decentralized, with only a few niche areas still qualifying as DeFi. He believes DeFi has evolved into "on-chain finance" or "open finance." He pointed out that true DeFi should possess characteristics such as decentralization, immutability, and the absence of intermediaries, whereas the intermediaries in most current protocols have become corporations, taking on traditional financial institution roles such as decision-makers and risk committees. Cronje noted that this does not mean true DeFi has completely disappeared, as some protocols are still innovating. Data from DefiLlama shows that the total value locked (TVL) in DeFi has dropped from $167 billion in early October 2025 to $75 billion at the time of the original report over the past 10 months, a decline of more than half. In a working paper published in March, the European Central Bank (ECB) analyzed Aave, MakerDAO, Ampleforth, and Uniswap, finding that based on holding snapshots from November 2022 and May 2023, the top 100 addresses holding governance tokens in these protocols each controlled over 80% of the token supply. The ECB consequently questioned the level of decentralization of these DAOs and whether they should continue to be regarded as "fully decentralized" services exempt from the Markets in Crypto-Assets Regulation (MiCA). (Cointelegraph)
Ethereum Staking Reward Cut Proposal Sparks Outrage: Community Fears Damage to DeFi and Weakened Decentralization
Odaily News - Ethereum Improvement Proposal EIP-8363 ("Tapered Issuance Burn") has triggered strong backlash from the community, becoming one of the most contentious debates over Ethereum's economic model since The Merge. The proposal, put forward by Ethereum Foundation researcher Justin Drake, ETHCC co-founder Jerome de Tychey, and others, aims to gradually reduce validator rewards as the ETH staking ratio rises, ultimately bringing new issuance down to zero when staked ETH reaches 50% of the total supply.However, the proposal has drawn opposition from DeFi developers, staking service providers, and institutional investors alike. Critics argue that lowering staking yields could weaken the network's decentralization, disrupt Ethereum's DeFi ecosystem, and heighten market uncertainty around ETH's monetary policy. Opponents believe market mechanisms can already naturally regulate staking demand. Berryman noted that as yields decline to around 2%, new staking demand may naturally taper off, without the need for protocol-level changes to issuance policy.Ether.fi founder Mike Silagadze stated that the proposal is "detrimental to decentralization, Ethereum adoption, and the network's reputation." Bitwise Ethereum business lead Steve Berryman also pointed out that institutional investors require policy certainty, and adjusting the issuance mechanism could introduce additional uncertainty. Greg Koumoutsos, technical research lead at the Lido Labs Foundation, noted that Ethereum pays not only in "slashable ETH" but also in decentralization, node diversity, censorship resistance, and network resilience. Aave founder Stani Kulechov also warned that reducing ETH staking yields could impact the DeFi ecosystem, as a large volume of staking derivatives has become an integral part of lending and yield strategies.Additionally, the community is concerned that lowering staking rewards could paradoxically intensify centralization. Since individual validators lack economies of scale, declining yields may drive smaller nodes to exit, while large exchanges and institutional staking providers—backed by greater business demand—could continue expanding their market share.Currently, EIP-8363 involves not only staking reward adjustments but has also sparked broad discussions over Ethereum's long-term monetary policy, governance stability, and institutional confidence. The community believes that such a significant change to the economic model requires more thorough debate and a longer evaluation period. (Cointelegraph)
Staking yields fall to zero, Aave founder Stani questions Ethereum EIP-8361
Odaily News: Aave founder Stani Kulechov published a lengthy post stating that Ethereum's EIP-8361 progressive issuance burn proposal has systemic issues. The proposal aims to gradually burn consensus layer issuance rewards, reducing the net staking yield to zero when the total amount of staked ETH reaches 60.25 million, approximately 50% of the total supply. Stani Kulechov believes that the second-order ripple effects of this proposal have not been fully modeled and could damage the foundations of the Ethereum ecosystem across multiple dimensions. He stated that a zero-yield mechanism may exacerbate staking centralization, with home validators being the first to exit due to fixed costs such as hardware and electricity, while non-yield-driven entities like ETF issuers, exchanges, and corporate treasury funds will remain. MEV rewards, which are unaffected by the proposal, would also expand the advantages of top professional operators. He also noted that individual stakers could face tax and operational risks. If tax authorities calculate taxes based on the full issuance amount and classify the burned portion as a capital loss, home node operators could experience after-tax losses. With penalty standards for faults remaining unchanged, the node recovery period after a fault could be extended by up to 14 times as net yields decline. Stani Kulechov stated that staking yields serve as the pricing benchmark for on-chain ETH interest rates. A decline in yields could cause DeFi lending and fixed-income markets to lose their pricing anchor, potentially driving on-chain capital toward stablecoins offering 4% to 5% annual returns. For institutional investors, predictable yields are a core competitive advantage of ETH relative to BTC. If yields fall to zero while volatility increases, ETH's differentiation in the store-of-value track would diminish. He also pointed out that after the proposal is implemented, MEV's share of total validator revenue could rise from the current 7% to nearly 30%, potentially incentivizing operators to prioritize relay nodes that support censorship, thereby weakening Ethereum's credible neutrality. If an MEV burn mechanism is subsequently added, validator revenue could be nearly eliminated. Stani Kulechov suggested that the proposal's authors release after-tax yield assessments for individual node operators, tax opinions from major jurisdictions, and cascade risk models for the DeFi ecosystem, while setting a non-zero net yield floor. He believes that staking centralization should be addressed directly with targeted measures, rather than by suppressing validator yields across the board.
Aave Founder: CLARITY Act Nears Final Passage, DeFi Set for Regulatory Milestone
Aave founder Stani Kulechov posted on platform X, stating that now more than ever, the industry needs to build consensus and do everything possible to ensure the smooth passage of the U.S. CLARITY Act.Stani stated that although the CLARITY Act is not perfect and many details still need to be formulated by regulatory agencies in the future, the bill will become the first regulatory legislation involving decentralized finance (DeFi). It will provide a clear legal framework and regulatory certainty for institutions, fintech companies, and banks to participate in on-chain finance. Once the CLARITY Act is officially passed, its driving effect on the on-chain finance ecosystem is expected to be similar to the development opportunities the GENIUS Act previously brought to the stablecoin industry, attracting more investment and institutional capital into the on-chain space.Stani added that over the past year, and especially in recent weeks and days, the Aave team has been in close communication with relevant policymakers in Washington, D.C., USA. He stated that they have now entered the "last mile" of pushing for the bill's enactment, a phase that is critically important.
Ripple plans to introduce an institutional-grade lending protocol on XRPL, allowing tokenized assets to be used as collateral for financing.
Ripple is advancing the addition of a lending infrastructure layer on the XRP Ledger (XRPL), enabling institutions to raise funds using on-chain tokenized assets as collateral. The protocol will automatically execute loan terms, while credit evaluation and lending decisions remain handled by off-chain institutions.According to disclosures, the proposal is named the XRPL Lending Protocol (corresponding to XLS-65 and XLS-66 standards). It is currently in the technical draft stage and will require approval through validator voting before launching on the mainnet, but developer testing has already been opened on the test network.The protocol’s design splits the lending process into two parts: on-chain management of liquidity pools, interest calculation, repayment execution, and default handling; while borrower credit assessment and loan term setting remain with traditional financial institutions to meet compliance requirements across different jurisdictions.Ripple states that the mechanism is primarily aimed at institutional short-term liquidity needs. For example, in cross-border payment scenarios, temporary financing through stablecoins or collateral assets can be obtained before settlement is completed, thereby improving capital efficiency.Analysts believe that while the plan attempts to introduce a “rule-enforced lending infrastructure” similar to traditional finance while maintaining XRPL's open network attributes, it will still face competition from established on-chain lending protocols such as Aave, Compound, and Maple. (CoinDesk)
A whale holding 149,800 ETH via lending leverage sold 6,000 ETH to repay an Aave loan.
According to on-chain analyst Ember (@EmberCN), a whale holding 149,800 ETH (approximately $377 million) via lending leverage recently sold 6,000 ETH at $2,496, acquiring 14.97 million USDe to pay off loans on Aave. The address still retains 143,800 ETH (approximately $362 million) alongside $181 million in debt across lending platforms, yielding an overall leverage ratio of roughly 2x and maintaining substantial risk exposure.
Whale with $4.5M Heavy Position in Robinhood Meme and DeFi Blue-Chip Assets Buys 4.013 Million 4Stock
Odaily News According to on-chain analyst Ai Yi's monitoring, a whale spent $194,000 over the past hour to purchase 4.013 million 4Stock tokens at a transaction price of $0.04833. This asset has now become its fourth-largest on-chain holding, and it is also the sixth target chosen after PONS, CASHCAT, fully exited positions in UNI, AAVE, and FORM. The whale opened a new FORM position yesterday, and FORM has risen 22% today.
A whale spent 163,000 USDT to buy 3.48 million $4Stock
According to on-chain analytics platform Lookonchain (@lookonchain), a whale address that previously spent $4.73 million to buy $PONS, $UNI, $AAVE, and $CASHCAT has made another move, spending 163,256 USDT to purchase 3.48 million $4Stock.
After selling 156,000 UNI, a whale bought 355,000 FORM.
According to on-chain analytics platform Lookonchain (@lookonchain), a whale address that previously spent $4.73 million buying $PONS, $UNI, $AAVE, and $CASHCAT has recently rotated its $UNI holdings into $FORM—selling 156,452 $UNI for 1.074 million USDC, then using 99,509 USDT to acquire 355,175 $FORM.
Total holdings reach $4.46 million; a whale clears UNI, adds to PONS, and opens a new position in FORM
Odaily News: According to on-chain analyst Ai Yi's monitoring, a whale with total holdings valued at approximately $4.5 million is adjusting positions in Robinhood Meme and DeFi tokens. The whale has fully exited 156,500 UNI tokens, worth $1.077 million, securing a profit of $86,000; increased holdings by 402,000 PONS tokens, bringing the total position to 3.63 million tokens, valued at $2.99 million; and opened a first-time position of 355,200 FORM tokens, worth $94,000. Positions in AAVE and CASHCAT remain unchanged, with the total value of the four token holdings reaching $4.46 million.
A whale spent $4.5 million in 24 hours to buy PONS, CASHCAT, AAVE, and UNI
Odaily News, according to Onchain Lens monitoring, a whale has accumulated purchases over the past 24 hours including 3.23 million PONS tokens, spending 913 ETH (worth approximately $2.26 million); 1.69 million CASHCAT tokens, spending 160 ETH (worth approximately $392,000); 7,270 AAVE tokens using $1 million USDC; and 156,450 UNI tokens using $850,000 USDC. The total expenditure amounts to approximately $4.5 million.
SlowMist Unveils Details of Allbridge Bridge Attack: Forged CCTP Messages + Flash Loans, Insufficient Mint Verification
Odaily News, SlowMist Security Team disclosed that the cross-chain bridge project Allbridge suffered an attack on August 19, 2026, with losses of approximately $190,000. Notably, this attack was not executed instantaneously—the attacker began laying the groundwork nearly a month in advance, bypassing the verification mechanism through forged cross-chain messages.According to SlowMist's analysis, on July 26, the attacker directly called Circle's MessageTransmitterV2.sendMessage function on the Polygon chain, constructing a cross-chain message disguised as CCTP-style, claiming a transfer of 1 million USDC, despite no actual USDC burn operation occurring. Subsequently, Circle generated a valid attestation for this complete message following standard procedures.Approximately 24 days later, on August 19, the attacker waited for the Base Router to receive a genuine CCTP deposit, bringing its balance to approximately 191,000 USDC, then launched the attack just 6 seconds later. Using the previously forged message and attestation, the attacker called Allbridge's receiveCctpMessage function. Due to the project's lack of critical validation, the system mistook the fraudulent cross-chain message for a genuine deposit and recorded a 1 million USDC credit.Subsequently, the attacker borrowed approximately 809,000 USDC temporarily via an Aave flash loan to match the Router's balance with the forged amount, then utilized the internal credit record to call the transfer function, ultimately moving out approximately 999,000 USDC (after deducting a 0.1% fee). After repaying the flash loan and fees, the attacker netted approximately $189,800 in profit. The root cause of this vulnerability lies in Allbridge's failure to verify the identity of the cross-chain message sender and receiver, as well as its failure to confirm whether USDC was genuinely minted or whether the balance actually increased—instead directly trusting the amount and message hash data constructed by the attacker.SlowMist emphasized that on-chain message verification does not equate to actual asset arrival. Cross-chain protocols must not only verify message authenticity but also ensure the message source is trustworthy, confirm the receiver is Circle's official TokenMessengerV2, and only record assets after confirming actual minting and balance changes. This incident once again highlights the security risks in cross-chain bridges' message verification and asset settlement processes.
The on-chain tokenized asset market is expected to reach $4 trillion by the end of 2028, while Standard Chartered projects Chainlink will hit $200 by the end of 2030
Odaily News: Standard Chartered initiated coverage on Monday of blockchain oracle project Chainlink, projecting LINK to reach $200 by the end of 2030 — roughly 25 times its current price of around $8. The bank's phased targets are $13 by the end of this year, followed by $41, $82, and $133. Standard Chartered estimates that the on-chain tokenized asset market will reach $4 trillion by the end of 2028, with DeFi-deployed assets hitting $2.7 trillion by 2030 — a 37-fold increase from current levels. The bank expects Chainlink fees to grow approximately 25-fold over the same period, assuming token prices track fee growth. Chainlink secures over $110 billion in total value, covering approximately 70% of the value that global DeFi relies on from oracles, with a share exceeding 80% on Ethereum; Aave V3 accounts for 44% of that. Swift, DTCC, Euroclear, JPMorgan, Mastercard, UBS, Fidelity, and S&P Global are all listed as institutions using its services. Chainlink still lags behind LayerZero in cross-chain interoperability. Following the $292 million attack in April, over $7 billion in token value has migrated to Chainlink CCIP, with second-quarter transaction volume reaching $4.9 billion — up 353% year-over-year. Risks include slowing institutional tokenization, pilots not converting to production processes, and technical failures impacting confidence. (Decrypt)
Aave Founder Responds to Payward Acquisition Rumors: Will Not Sell AAVE at a 70% Discount
Aave founder Stani Kulechov has responded to reports suggesting Kraken's parent company Payward is interested in acquiring a 15% stake in the Aave protocol, stating that AAVE is "not going to be sold at a 70% discount."Prior reports from CoinDesk indicated that Payward was in talks to acquire a 15% stake in Aave at a valuation of $385 million. If calculated at this valuation, it would represent only approximately 30% of AAVE's fully diluted valuation, significantly below the market valuation.In a post on X, Kulechov stated that the relevant reports were not entirely accurate. He did not completely deny the possibility of Aave Labs selling a portion of its held AAVE tokens, but noted that Aave Labs does have a certain allocation of AAVE, and that multiple market participants have discussed purchasing either directly or indirectly, or engaging in deeper collaboration centered around long-term partnerships.Aave is the largest decentralized lending protocol on the Ethereum ecosystem. Kulechov stated that Aave currently generates an annualized revenue of approximately $134 million, with the relevant revenue flowing to the Aave DAO. He has also previously proposed a governance plan to redirect revenue from Aave Labs, the protocol, and its products to the Aave DAO and token holders.These rumors emerge at a time when Aave is experiencing certain pressures. Following the Kelp DAO incident in April, Aave's TVL saw a significant decline. Although Aave itself was not directly attacked, the KelpDAO cross-chain bridge attacker utilized Aave to convert the stolen rsETH into other assets.
Standard Chartered Bank: Aave is expected to rise to $3,500 by 2030, an increase of approximately 50x from its current price.
According to CoinDesk, Geoff Kendrick, Head of Digital Asset Research at Standard Chartered Bank, released a report initiating coverage of the decentralized lending protocol Aave, with a target price of $3,500 by end-2030—approximately 50 times its current price of around $70—and expects Aave to outperform both Bitcoin and Ethereum. Kendrick stated that Aave has recovered from the April 2026 KelpDAO rsETH bridge vulnerability incident, during which attackers used approximately $290 million worth of stolen tokens as collateral to borrow real assets on Aave, exposing the protocol to up to $230 million in potential losses. Assets have now begun flowing back onto the platform, and Aave’s dominant position in on-chain lending remains solid. Looking ahead, Standard Chartered forecasts that the value of tokenized assets actively used in DeFi applications will grow 37-fold by 2030. Aave—whose revenue model is directly tied to lending activity—is poised to benefit directly. Additionally, Aave’s Horizon initiative (enabling tokenized real-world asset lending in permissioned environments) and the potential relaunch of its token buyback program are viewed as key catalysts.
Aave survives $8.45 billion withdrawal pressure, but DeFi hidden risks come under renewed scrutiny
Odaily Aave, a DeFi lending protocol, successfully maintained operations after experiencing capital outflows totaling approximately $8.45 billion. However, the incident has simultaneously triggered renewed market discussion regarding its risk structure and the fragility of the DeFi system.This stress event originated from a vulnerability exploit on the KelpDAO rsETH cross-chain bridge in April 2026, resulting in the theft of approximately $292 million in assets. This triggered market concerns over the safety of rsETH collateral. As this asset was widely used as collateral on Aave, panic spread rapidly, leading to concentrated withdrawals by users.During the capital outflow process, liquidity in certain lending markets was quickly depleted, with utilization rates briefly approaching 100%. Aave managed the situation by adjusting risk parameters and activating emergency mechanisms, although localized withdrawal restrictions did occur.Nevertheless, Aave's core smart contracts were not compromised. Protocol founder Stani Kulechov stated that the event validated the system's stability and resilience under extreme stress conditions.However, analysts pointed out that this incident exposed structural risks within DeFi: high coupling of assets across protocols, reliance on external bridged assets for collateral, and the potential for liquidity to rapidly evaporate in extreme scenarios.Industry observers believe that while DeFi's "composability" enhances efficiency, it also accelerates risk transmission, potentially causing a single asset event to trigger systemic cascading effects. Although Aave successfully navigated this stress test, the outcome does not equate to the elimination of risk.Overall, this event is viewed as a genuine extreme stress test for the DeFi lending system: the system can function, but its stability remains highly dependent on the quality of external assets and the market liquidity environment. (Cointelegraph)
Venus attacker sells 1,912 ETH to repay loans, still owes $6.78 million USDT on Aave
According to on-chain analyst Yu Jin (@EmberCN), the attacker responsible for the March THE liquidation event on the Venus platform sold 1,912 ETH for $3.26 million one hour ago to repay part of their loan on Aave. That loan was originally taken out by collateralizing ETH and was used to manipulate the Venus liquidations. The attacker’s address still has $6.78 million in USDT outstanding on Aave.
Aave Launches Official MCP Server, Enabling AI Agents to Access Protocol Data and Prepare Transactions
According to The Block, Aave has officially launched its official MCP server, allowing AI agents to access real-time protocol data from Aave V3 and V4 and prepare transactions. The server supports integration with MCP-compatible tools such as ChatGPT and Claude, enabling users to independently control transaction signing permissions.
Arc mainnet will launch on September 16, and Circle will host a mainnet launch livestream event
Circle stated the event will be held in New York, with topics covering institutional finance, global capital flows, 24/7 markets, and the Agent economy, as well as showcasing first-day products and applications. A developer pre-event session will be held from 11:30 AM to 1:30 PM ET on September 16, followed by a main stage livestream from 2:00 PM to 3:45 PM, with representatives from BlackRock, DTCC, Aave, SBI Group, Morpho, Ripio, Extended, a16z, and Circle participating. Developers can already build on the Arc testnet.
Pendle PT-USDG Added as Collateral Asset on Aave V3, OKX Wallet Launches Limited-Time Incentives in Tandem
Odaily News According to official sources, Aave governance proposal AIP-514 has been officially approved, and Pendle PT-USDG is now a supported collateral asset for Aave V3 on X Layer, further bridging Pendle's fixed-income market with the Aave lending protocol.It has been reported that OKX Wallet has simultaneously launched a limited-time incentive campaign for PT-USDG. Users can participate through the DeFi section in a one-stop manner, earning up to 6.8% APY. With PT-USDG integrated into Aave, it will further enrich stablecoin yield and lending scenarios on X Layer.
Aave V4 Deposits Surpass $800 Million, Weekly Gains Reach 30%
According to The Defiant, Aave V4 user deposits reached a new high of $806 million, with a 30% increase over the past seven days. Of these, the Ethereum Core market holds $378 million in deposits, EtherFi Cash (deployed on Optimism) ranks second with $257 million, while Ethereum Global Dollar and Ethereum Prime contributed $75 million and $63 million respectively. The primary deposit assets are weETH ($97 million), USDG ($90 million), and WETH/USDC ($81 million each). V4's current active loan volume stands at $216 million, including $62 million in loans from the EtherFi market, with the utilization rate for borrowing WETH against weETH collateral reaching as high as 92%. In comparison, Aave V3's deposit scale remains at $31 billion, far exceeding V4.
US equity exposure can now participate in DeFi on-chain, Coinbase natively launches tokenized stocks on Base
: Coinbase announced that its tokenized stocks have been natively launched on the Base chain, built on the B20 standard, with the underlying stocks actually held on a 1:1 basis by regulated custodian Alpaca through a bankruptcy-remote structure. Token holders directly own the corresponding stock ownership. Non-US users in globally compliant jurisdictions only need a wallet and an internet connection to gain US equity exposure without a brokerage account or waiting for settlement, and can trade in a 7×24 AMM pool. The first batch supports companies such as Apple and Nvidia. Tokenized stocks can be freely held, transferred, and traded, with no whitelisted wallets or platform lock-ups. Users can use tokenized Nvidia stock as collateral to borrow on Aave, or deposit Apple stock into a decentralized exchange to earn yield. Dividends and stock splits are handled through an on-chain multiplier mechanism. Ecosystem projects such as Aerodrome and Aave have publicly supported the B20 standard. Coinbase stated that more tokenized stocks will be listed in the coming weeks, and it will continue to bring other real-world assets on-chain.
Lending capacity expected to reach $500 million by 2027, EtherFi Cash deploys dedicated Aave V4 instance on Optimism
Odaily News: ether.fi announced that EtherFi Cash's existing lending infrastructure can no longer meet development demands. It is currently deploying a dedicated Aave V4 instance on the Optimism chain to support its credit card backend. EtherFi Cash currently has $22 million in active borrowings, and its lending capacity is expected to reach $500 million by 2027. Already, 70,000 cardholders are using cryptocurrency for spending without needing to sell their crypto holdings.
Related news
Aave founder suggests the UK include stablecoins in personal savings accounts
Aave founder Stani Kulechov stated that he has submitted comments to HM Revenue and Customs (HMRC), recommending improvements to the tax treatment of crypto-backed loans and stablecoins. He also advocated for allowing stablecoins to be included in the UK Individual Savings Account (ISA) in the future, enabling stablecoin lending users to access related tax benefits.
Aave Launches Official MCP Server, Enabling AI Agents to Access Protocol Data and Prepare Transactions
According to The Block, Aave has officially launched its official MCP server, allowing AI agents to access real-time protocol data from Aave V3 and V4 and prepare transactions. The server supports integration with MCP-compatible tools such as ChatGPT and Claude, enabling users to independently control transaction signing permissions.
A whale holding 149,800 ETH via lending leverage sold 6,000 ETH to repay an Aave loan.
According to on-chain analyst Ember (@EmberCN), a whale holding 149,800 ETH (approximately $377 million) via lending leverage recently sold 6,000 ETH at $2,496, acquiring 14.97 million USDe to pay off loans on Aave. The address still retains 143,800 ETH (approximately $362 million) alongside $181 million in debt across lending platforms, yielding an overall leverage ratio of roughly 2x and maintaining substantial risk exposure.
Arc mainnet will launch on September 16, and Circle will host a mainnet launch livestream event
Circle stated the event will be held in New York, with topics covering institutional finance, global capital flows, 24/7 markets, and the Agent economy, as well as showcasing first-day products and applications. A developer pre-event session will be held from 11:30 AM to 1:30 PM ET on September 16, followed by a main stage livestream from 2:00 PM to 3:45 PM, with representatives from BlackRock, DTCC, Aave, SBI Group, Morpho, Ripio, Extended, a16z, and Circle participating. Developers can already build on the Arc testnet.
Whale with $4.5M Heavy Position in Robinhood Meme and DeFi Blue-Chip Assets Buys 4.013 Million 4Stock
Odaily News According to on-chain analyst Ai Yi's monitoring, a whale spent $194,000 over the past hour to purchase 4.013 million 4Stock tokens at a transaction price of $0.04833. This asset has now become its fourth-largest on-chain holding, and it is also the sixth target chosen after PONS, CASHCAT, fully exited positions in UNI, AAVE, and FORM. The whale opened a new FORM position yesterday, and FORM has risen 22% today.
A whale spent 163,000 USDT to buy 3.48 million $4Stock
According to on-chain analytics platform Lookonchain (@lookonchain), a whale address that previously spent $4.73 million to buy $PONS, $UNI, $AAVE, and $CASHCAT has made another move, spending 163,256 USDT to purchase 3.48 million $4Stock.