Aave V4 Arc Market Holds $76M USDC
Aave V4 launched on the Arc Layer-1 network with $76 million in USDC supplied but only $100,000 borrowed, leading to a utilization rate of 0.1%. #Update #Crypto $USDC
Aave
Aave V4 Proposal Prioritizes DAO Funds for Losses
Aave V4’s proposal includes a bad-debt backstop for lenders supplying $WETH, $USDC, and $USDT, with the DAO absorbing initial losses. Coverage targets are set at 800 $ETH, 400,000 $USDC, and 400,000 $USDT. #Update #DeFi $AAVE
Kalshi Launches BNB ADA WLD AAVE Venice Perps
@Kalshi expands perpetual futures offerings with $BNB, $ADA, $AAVE, $WLD, and $VVV now live for trading; CFTC-approved contracts leverage varies. #Update #Crypto $BNB
Aave Survives $8.45B Withdrawal Surge
@Aave survived $8.45B in withdrawals after the KelpDAO rsETH bridge exploit caused liquidity stress, raising concerns about DeFi’s stability despite its resilience. #Update #Crypto $AAVE
AAVE Soars to $175 with Grayscale Model
Grayscale Research projects Aave’s value could reach $175 in one year, with current fair value at $80-$100; Aave trades at $75. Revenue growth expected due to lending and institutional products. #Update #Crypto $AAVE
Bitcoin Collateral: Aave Approves Circle Wrapped
Aave Labs proposes adding Circle Wrapped Bitcoin (cirBTC) as collateral on Aave V3 and V4 Core, pending community feedback and governance approval. #Update #DeFi $AAVE
Aave Defends Resilience After $8.45B Bank Run
@Aave’s CEO Stani Kulechov defends the protocol’s resilience after a $292M exploit led to an $8.45B deposit run, revealing reliance on a $300M bailout and plans for V4 risk management overhaul. #Update #DeFi $AAVE
Aave Restores Operations with $300M Backstop
Aave restores full liquidity after a $300M exploit, securing an emergency court order to reclaim $71M in Ethereum. New risk measures implemented to prevent future breaches. #Update #DeFi $AAVE
Aave Revamps Standards After $230M Exploit
@Aave is overhauling its asset listing standards after a $230M exploit linked to KelpDAO’s rsETH bridge, emphasizing the need to assess bridge and operational risks. #Update #DeFi $ETH
Bitcoin Collateral Vote: Aave DAO Decides
Babylon Labs proposed Aave DAO accept native BTC as collateral via Trustless Bitcoin Vaults on Aave V4, potentially boosting $5B WBTC demand. #Update #DeFi $BTC
Chainlink Expands SVR Leading Oracle Economy
Chainlink expands its Secure Verifiable Randomness (SVR) capabilities, reinforcing its leadership in the Oracle economy. #Update #Oracle $LINK
Ethereum Markets Normalize as Aave Recovers WETH
Aave has temporarily frozen WETH, rsETH, and wrsETH reserves as a precaution following the Kelp DAO exploit. Normal operations for WETH markets are resuming amid recovery efforts. #Update #Crypto $AAVE
Bitcoin Glitches Spark AAVE Dump Chaos
@Coinbase boosts $HYPE 17% to $46.93 as Hyperliquid grants USDH treasury rights; Multicoin Capital dumps AAVE after a 55% drawdown, now $40M underwater. #Update #Crypto $AAVE
AAVE Plummets Multicoin Capital Moves $40M
Multicoin Capital moved 286,057 $AAVE ($26M) to Coinbase Prime on May 16 after a $40M loss, indicating a potential OTC exit. #Update #Crypto $AAVE