The Aave community is debating whether to cease its operations on Polygon, following concerns about the risk profile of bridged assets. This stems from a Dec. 13 proposal by Aave Chain founder Marc Zeller to revise risk parameters for Aave v2 and v3 on Polygon. Zeller’s proposal was prompted by
Aave (AAVE) has experienced a notable surge in price, reaching $389.52 before settling at $366.47, reflecting a 2.69% increase in the past 24 hours. This uptick is significant given the current market conditions, with AAVE’s market cap now sitting at $5.49 billion, up by 2.68%. The token’s trading volume has
Aave and Chainlink emerged as the top cryptocurrency gainers on Thursday. The surge followed significant purchases by World Liberty Financial, a decentralized finance (DeFi) project linked to U.S. President-elect Donald Trump. AAVE led the market rally, climbing 19.24% in the past 24 hours to $361.60, its highest price since September
The crypto market flipped to a bullish trend as Bitcoin soared above $100K, with the Fear and Greed Index settling at 80, firmly in the extreme greed zone. Turning attention to the altcoins, the AAVE token has emerged as the top gainer, with a 24-hour jump of over 29.30%. AAVE
Our community is known for its spot-on rallies and ‘blink of an eye’ moments. The last few hours cocked one such moment, with a particular event triggering a price rally. Bitcoin has reclaimed its $100K mark, which also caused Ethereum to surpass $4000. Moreover, this rally was further intensified by
The permissionless platform that is pushing innovation in Automated Market Maker (AMM) technology, Balancer, has officially unveiled Balancer v3, a breakthrough upgrade that is aimed to take decentralized finance into its next phase. With a primary emphasis on the optimization of liquidity and the empowerment of developers, version 3 provides 100%
Aave, a pioneering protocol in decentralized finance (DeFi), has reached a significant milestone: $10 billion in active loans. From $3.4 billion at the beginning of the year, this is a 300% increase in lending activity. Active loans on the platform rose by 16.4 percent to $10.04 billion in the previous
Crypto investment firm BlockTower Capital reportedly purchased $7 million in prominent DeFi tokens from various crypto trading platforms in the last 12 hours, as tracked by blockchain analytics platform Lookonchain. As Lookonchain reports, the firm’s acquisitions focused on two major tokens — Uniswap (UNI) and Aave (AAVE). Based on etherscan
AAVE has experienced a challenging 24 hours, with its price dipping 5% to a six-day low of $140 amid a broader market slump. Currently trading at $143, the token has seen an 8% decline in trading volume over the same period, while its weekly performance reflects a modest decrease of
Donald Trump’s new venture, World Liberty Finance (WLFI), is gearing up to raise $300 million through its upcoming token sale. This initiative, co-founded by Trump and his three sons, aims to establish a decentralized finance (DeFi) platform designed to enhance the mass adoption of digital assets. The project seeks to
