The governance token of DeFi lender Aave AAVE $156.70 bounced more than 2% early Wednesday above $220, reversing early losses amid a fresh community proposal for a $50 million token buyback initiative ...

The Aave-led relief effort has gained widespread support, securing enough commitments to replenish the swiped funds.

Decentralized finance, or DeFi, has been making waves in the crypto space. DeFi solutions offer alternatives to conventional financial services like lending, borrowing, and trading. Users can lend, ...

The initial proposal from Morpho Labs and Allez Labs sought to capture a 7% yield from stablecoins held in Polygon’s proof-of-stake bridge. Stani Kulechov, founder and CEO of Avara — the parent entity ...

One whale took out $114.9M from Aave, taking most of the liquidity in its USDT vault. The loan increased the vault utilization to 92.83%, breaking above the preferred limit of 92%. The whale’s ...

Chainlink, the “standard” for onchain finance, BGD Labs, a Web3 development initiative focused on the Aave ecosystem, and Aave Chan Initiative, one of the forces behind the Aave protocol, announced ...

Aave Labs has introduced a new governance proposal that would shape the next chapter of one of crypto’s largest lending platforms, and send all revenue from Aave-branded products back to its community ...