Aave

AAVE ended June with its strongest Ethereum network-growth day in almost five years, after 1,806 new wallets were created in 24 hours. The jump marks AAVE’s highest daily network-growth reading since October 2021. The metric tracks new addresses interacting with the asset on Ethereum, giving traders a view of fresh participation beneath the token’s price action. The timing gives AAVE a stronger onchain signal as DeFi lending returns to market focus. Network growth does not automatically mean new buying pressure,…

Aave founder Stani Kulechov has rejected the framing around a reported Kraken-linked investment in Aave, saying there is “NO WAY” Aave would sell AAVE at a 70% discount. The clarification follows yesterday’s Kraken stake report, which said Kraken parent Payward was in talks to buy a 15% stake in Aave at a $385 million valuation. The reported structure sparked debate because it implied a steep discount to AAVE’s fully diluted token valuation. Kulechov said Aave Labs owns an allocation of…

Kraken is reportedly in talks to buy a 15% stake in DeFi lender Aave at a $385 million valuation, a move that would deepen the exchange’s exposure to one of crypto’s largest onchain lending markets. The reported deal, announced by Coindesk,  has not been confirmed as completed by either company. If it moves forward, it would build on an existing relationship between Kraken and Aave, after Aave introduced DeFi Earn as the lending backbone for Kraken users depositing cash and…

Kraken Vaults have crossed $500 million in total deposits, marking a fast scale-up for the exchange’s onchain yield product less than five months after its DeFi Earn rollout. The milestone follows Kraken’s January launch of DeFi Earn, which gave users access to automated USDC lending vaults through a centralized exchange interface. Kraken later added Bitcoin Vault in May, extending the same model to BTC holders looking for Bitcoin-denominated rewards without manually moving assets through DeFi protocols. Kraken’s vault products support…

Standard Chartered initiated coverage on Aave with a $3,500 price target for 2030, making one of the strongest institutional calls yet on DeFi lending. The call implies a roughly 50-fold move from current levels, with AAVE recently trading near $76 after a sharp drawdown across DeFi tokens. The bank’s thesis links Aave’s upside to a projected 37-fold expansion in DeFi assets by 2030 as tokenized finance, stablecoins, crypto collateral and real-world assets move deeper into onchain markets. Aave is already…

Aave has generated more than $2.19 billion in gross protocol revenue since 2020, reinforcing its position as one of DeFi’s most durable lending businesses. [caption id="attachment_462293" align="aligncenter" width="1239"] Source: Aave Income Statement[/caption] The cumulative figure covers Aave’s revenue run from its early 2020 activity through 2026 year-to-date. The yearly split puts the protocol at $177,120 in 2020, $252.45 million in 2021, $137.41 million in 2022, $105.26 million in 2023, $456.47 million in 2024, $907.70 million in 2025 and $333.14 million…

Eligible institutional clients can now access Aave lending markets directly from BitGo Bank & Trust qualified custody wallets through Narval’s institutional DeFi gateway. The launch gives institutions a controlled route into Aave without starting from a standard browser wallet or moving through unmanaged signing flows. BitGo clients can use qualified custody wallets, custody approval workflows, whitelisted protocol access and transaction verification before interacting with approved DeFi markets. Aave is the main lending protocol in the launch set, while Spark and…

Aave has unveiled Glass, a new design framework built to give its apps a more tactile, modern interface across both mobile and web. The framework started inside Aave’s mobile app experience and has now been extended to web interfaces. Inspired by Apple’s Liquid Glass design language, Aave Glass uses refraction, depth and motion to make interface components feel closer to physical objects rather than flat buttons on a screen. The update is not a new lending market, token launch or…

Aave V4 has crossed $115 million in deposits, extending one of DeFi’s fastest early growth stories as supply and borrow caps rise across several assets to meet demand. The milestone shows V4 is moving beyond its initial launch phase and into a more active lending market. Aave V4 launched with conservative caps by design, limiting how quickly deposits and borrowing could scale while the new architecture proved itself in production. The latest cap expansion shows that demand is arriving quickly…