The project has a fully diluted market capitalization of $16 billion at pre-market trading prices, making WLFI the 11th-largest token.
The bluechip DeFi token hit its strongest price in five months, gaining 8% over the weekend.
The token has established a robust support zone at $277-$280, while rising demand for DeFi borrowing and Aave's dominant role in the sector point to future gains.
Monthly DeFi fees have climbed to approximately $577 million in recent months, representing a notable recovery from the April low.
Aave v3 surges 55% in two months, while Maple Finance gains momentum with real-world credit pools.
Crypto research firm Artemis and DeFi project Vaults argue there is growing “institutional appetite” for onchain yield, in a new report.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The CoinDesk Overnight Rates (CDOR) convert USDC and USDT stablecoin borrowing data on Aave into daily benchmarks to support hedging and rate-based products.
SEC Chair Atkins' remarks earlier this week spurred optimism for the sector's future.
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 DeFi giant Aave in the last 24 hours. The Aave collaboration will see Plasma integrate the DeFi protocol’s lending and liquidity infrastructure to distribute USDT […]
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Positioning across crypto markets doesn't suggest a top, but neither does it seem ideal for continued rally.
The deal will include Aave’s participation in upcoming liquidity incentive campaigns, including with the Astar, a blockchain prominent in the Japanese Web3 ecosystem.
Market observers heralded the SEC Chair Atkins' comments as positive development for the sector, with Binance founder CZ saying that June 9th "will be remembered as DeFi day."
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 firm Onchain Lens reported that WLFI supplied assets worth more than $52 million to Aave. This included 7,900 Ethereum (ETH) valued at $21 million, 162.69 […]
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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 exchange connected to Justin Sun. According to on-chain analyst EmberCN, the wallet removed $570 million USDT from Aave’s lending pool within three hours, slashing the […]
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Despite global economic tensions, AAVE shows resilience with strong support levels forming after recent volatility.
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 Zeller, founder of the Aavechan Initiative, shared the development on May 29, noting that the Foundation’s use of GHO aligns with Aave’s core value proposition, […]
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Aside from the approval of spot bitcoin ETFs, it marks the most significant regulatory milestone in crypto's history, Matt Hougan argued.
Institutional interest grows as AAVE establishes new support levels amid broader crypto market strength.
The resurgence in Aave coincides with improved conditions for Ethereum, which has created a positive feedback loop for DeFi protocols built on the network.
"The timing is right: infrastructure, talent, and user behavior are finally aligned," Re7 Capital's Luc de Leyritz told The Block.
Aave users can supply and borrow the stablecoin on the lending platform's V3 Ethereum Core market.
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 contracts on its US derivatives platform. These contracts, regulated by the Commodity Futures Trading Commission (CFTC), offer traders a compliant way to access XRP without […]
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The Bitcoin price continues to face headwinds, as the latest report on Digital Asset Fund Flows shows a staggering $751 million in outflows from the digital asset. The sheer volume of this withdrawal raises alarm bells about whether institutions may be cashing out from the flagship cryptocurrency. Bitcoin Price Faces Pressure Amid Massive Outflows CoinShares’ weekly report on Digital Asset Fund Flows has disclosed a massive $795 million in outflows from the crypto market—shockingly, $751 million of which came from Bitcoin alone. This mass exodus marks one of the largest single-week outflows of the year, and it comes at a time when the price of Bitcoin has hit a wall. Related Reading: $9.41 Billion In Shorts At Risk Of Liquidation If Bitcoin Price Hits This Level James Butterfill, the Head of Research at CoinShares, revealed that since early February 2025, digital asset investment products have suffered cumulative outflows of approximately $7.2 billion, effectively erasing almost all the year-to-date inflows. Notably, this week marks the third consecutive week of declines, with Bitcoin leading the downturn and recording the most significant losses among major digital assets. As of this report, net flows for 2025 have dwindled to a modest $165 million, a sharp drop from a multi-billion dollar peak just two months ago. This steep decline underscores a cooling sentiment among institutional investors and highlights a growing sense of caution amid ongoing market volatility. Currently, the Bitcoin price is struggling to regain past all-time highs, with recent outflows serving as one of the many barriers hindering the cryptocurrency’s breakout potential. Until these outflows reverse and the market stabilizes, Bitcoin’s path to setting new all-time highs remains challenged. Despite losing $751 million in outflows, Bitcoin still maintains a moderately positive position with $545 million in net year-to-date inflows. However, the sheer scale and speed of the latest outflows raise concern. The fact that Bitcoin suffered such a massive withdrawal signals a potential shift in sentiment among institutions. Whether it’s due to profit-taking or macroeconomic uncertainty, this move suggests that big players are beginning to pull out — at least in the short term. In addition to Bitcoin, Ethereum saw $37 million in outflows, while Solana, Aave, and SUI also posted losses of $5.1 million, $0.78 million, and $0.58 million, respectively. Surprisingly, even short Bitcoin products, designed to benefit from market downturns, weren’t spared, recording $4.6 million in outflows. Tariffs And Political Volatility Drive Outflows One of the key drivers behind the pullback across digital assets is the rising economic uncertainty sparked by tariff policies that have adversely influenced investor sentiment. The wave of negative sentiment began in February after United States (US) President Donald Trump announced plans to impose tariffs on all imports coming into the country from Canada, Mexico, and China. Related Reading: Trump’s Tariff Pause Could Push Bitcoin Price Above $100,000, Pundit Reveals Exit Point However, a late-week rebound in crypto prices was seen after Trump’s temporary reversal of the controversial tariffs, providing a brief respite for the market. This policy shift helped boost total Asset Under Management (AUM) across digital assets from a low of $120 billion on April 8 to $130 billion, marking an 8% recovery. Featured image from Adobe Stock, chart from Tradingview.com
Aave-Chan Initiative Founder Marc Zeller unpacks Aave's efforts at decentralization, buyback initiatives and the GHO stablecoin.
The DeFi sector showed resilience this week as inflows and volumes increased.
The total value of borrowings on large DeFi platforms like Aave and Morpho has sharply dropped from the mid-December peak, as investors scrambled to reduce outstanding debt or got liquidated.
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 favor, well above the required 320,000 quorum, while only 2,020 votes opposed it. This move is part of a broader plan to strengthen Aave’s tokenomics […]
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Lens Chain mainnet goes live using an inexpensive Ethereum overlay blockchain designed for building decentralized social media applications.
Avara, the parent company of Aave, is allowing users of its Family Wallet to onboard with email or SMS, rather than messing around with seed phrases.