馃 Aave Partners with Bybit to Launch on Mantle L2
馃 Aave Partners with Bybit to Launch on Mantle L2
馃殌 Aave Goes Mantle
Aave is expanding to Mantle Network through a strategic partnership with Bybit, bringing DeFi lending to the low-cost Layer 2 solution.
Key highlights:
- Mantle offers EVM-compatible infrastructure with reduced transaction costs
- Built specifically for institutional-grade applications and real-world assets
- Partnership facilitated by Token Logic
- Represents Aave's first major chain partnership with Mantle
What this means: Users will soon access Aave's lending protocol on Mantle's optimized Layer 2, combining lower fees with faster transaction speeds while maintaining Ethereum compatibility.
In collaboration with @Bybit_Official, Aave is coming to @Mantle_Official. Mantle is a low-cost, EVM-compatible L2 and high-performance distribution layer built for institutional-grade applications and real-world assets.
Aave V4 Introduces Unified Liquidity Architecture with Hubs and Spokes System
**Aave V4 transforms DeFi lending** with a revolutionary architecture that unifies liquidity across markets. **Key Innovation: Hubs and Spokes** - Hubs store liquidity pools - Spokes implement custom lending rules and market logic - Multiple markets can draw from the same liquidity source **Benefits for Users and Builders:** - Enhanced capital efficiency across all markets - Specialized markets can access deep liquidity from day one - Custom lending parameters without liquidity fragmentation **Real-World Applications:** - Pendle markets accepting multiple PTs as collateral - Uniswap LP-focused lending markets - Shared ETH liquidity across different use cases **Strategic Impact:** V4 positions Aave as DeFi's operating system, enabling previously unviable markets while maintaining security and efficiency. This architecture supports the migration of global finance onchain by serving specialized needs without sacrificing liquidity depth. [Read the full unified liquidity thesis](https://aave.com/blog/aave-v4-unified-liquidity-thesis)
Aave V3 Launches on Plasma Blockchain with Six Initial Assets
**Aave V3 is now live on Plasma**, a high-performance blockchain designed specifically for stablecoins. **Initial asset support includes:** - USD, USDe, sUSDe - XAUt (gold-backed token) - WETH and weETH The deployment was handled by BGD Labs on behalf of Aave DAO, with comprehensive risk analysis from Chaos Labs and Llama Risk. **Chainlink provides price feeds** for secure operations. Plasma's focus on scalability and stablecoin infrastructure makes it a strategic addition to Aave's multi-chain presence. Supply and borrow caps are detailed in the [governance proposal](https://governance.aave.com/t/arfc-deploy-aave-v3-on-plasma/21494). Users can access the new market through the [Aave app](https://app.aave.com/markets/?marketName=proto_plasma_v3) immediately.
Final Vote on Events Funding for Aave Companies & Aave DAO Collaboration
The final vote is currently taking place regarding the Events Funding for the collaboration between Aave Companies and Aave DAO.
Direct Token Switching now available
Starting from October 19, 2023, users can now switch tokens directly on Aave.