Aave Goes Live on Aptos in $70B DeFi Liquidity Push


Aave Goes Live on Aptos in $70B DeFi Liquidity Push
Image source: CoinToday
- Leading DeFi protocol Aave launches on Aptos to boost ecosystem liquidity. - Aptos Foundation offers incentives to drive lending and savings activity. On August 21, 2025, Cointelegraph reported that the major decentralized finance (DeFi) protocol Aave officially launched on the Aptos blockchain. With $70 billion in net deposits, Aave’s launch positions it within a relatively underdeveloped layer-1 network, creating an opportunity for Aptos to increase liquidity for its stablecoins and liquid staking tokens. The Aptos Foundation is actively supporting this expansion by offering rewards and liquidity incentives to stimulate lending, borrowing, and saving on the Aave platform. At launch, four native assets are available: the stablecoins USDC and USDT, Aptos’ native cryptocurrency (APT), and Ethena Staked USDe (sUSDe). Aave’s entry into Aptos aligns with current DeFi trends, such as heightened regulatory scrutiny and a growing focus on tokenization by major financial institutions. Aptos provides a promising platform for Aave's operations, as only one top-tier protocol within its ecosystem currently has a total value locked (TVL) above $1 billion. As of August 21 at 21:08 UTC, Aave (AAVE) was trading at $300.03, a 0.518% increase in its 24-hour trading volume. In contrast, Aptos (APT) traded at $4.42, reflecting a 1.657% decline over the same period. Meanwhile, the involved stablecoins held their value: USDC was stable at $1.00 with a 0.008% dip in trading volume, USDT was priced at $1.00 with a 0.031% volume decline, and Ethena USDe (sUSDe) was also at $1.00 with a 0.049% decrease in trading volume.
Article Info
Category
Market
Published
2025-08-21 21:14
NFT ID
PENDING
News NFT detail

Get the latest news in your inbox!


Recommended News

About Us

 | Contact Us | 

Privacy Policy

 | 

RSS