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Aave repurchases 70,000 tokens, boosting DeFi lead
Aave DAO has repurchased 70,000 AAVE tokens, or 0.5% of its total supply, in less than six months of its token buyback initiative. In an Aug. 4 post on X, […]
Lido’s market share shrinks as stETH struggles with depegging
Lido’s once-dominant presence in the Ethereum staking market has fallen to a three-year low, with its share declining to 25%.This drop coincides with a prolonged depegging of stETH, the liquid […]
Plasma raises $500 million, partners with Aave to transform stablecoin market
Plasma, a blockchain platform focused on stablecoin infrastructure, is making waves across the crypto space for raising $500 million through its XPL token offering and securing a strategic partnership with […]
World Liberty Financial taps Aave for $7.5 million USDT loan
World Liberty Financial (WLFI), a DeFi venture linked to US President Donald Trump, has drawn a $7.5 million USDT loan through the Aave lending platform. On June 10, blockchain analytics […]
Aave’s USDT liquidity takes a hit after Justin Sun-linked HTX’s $570 million withdrawal
Aave, the largest decentralized lending protocol, has experienced a sharp drop in USDT liquidity to under $100 million following a massive withdrawal by a wallet linked to HTX, a crypto […]
Ethereum Foundation embraces DeFi borrowing $2M in stablecoins on Aave using ETH collateral
The Ethereum Foundation (EF) has quietly taken a tactical step into DeFi by borrowing $2 million in GHO stablecoins using wrapped ETH (wETH) as collateral on the Aave protocol. Marc […]
XRP futures debut on Coinbase as Ripple’s RLUSD stablecoin integrates into Aave
Ripple’s ecosystem is seeing notable momentum, with XRP and its RLUSD stablecoin making major advances in the crypto market. Coinbase lists XRP futures On April 21, Coinbase introduced XRP futures […]
Aave DAO greenlights $1 million weekly token buyback amid market decline
DeFi’s largest protocol, the Aave decentralized autonomous organization (DAO), has officially approved a $1 million token buyback initiative that will start on April 9. The proposal secured 439,000 votes in […]
Aave unveils horizon, merging real-world assets with DeFi
Aave Labs has launched a new initiative called Horizon, which aims to enhance the integration of institutional Real-World Assets (RWAs) into DeFi. Announced on March 13, the project seeks to […]
Aave proposes major economic overhaul to enhance revenue and sustainability
Aave has proposed a comprehensive update to its economic framework, focusing on revenue distribution, staking incentives, and liquidity management. The proposal, introduced by Aave Chan Initiative (ACI) founder Marc Zeller […]