Arbitrum Higher Reaches $2B Milestone in Deposits
Arbitrum Higher Reaches $2B Milestone in Deposits
馃幆 $2B and Still Climbing
Arbitrum Higher has achieved a significant milestone, surpassing $2 billion in total deposits. This represents continued growth for the Layer 2 scaling solution, marking a notable development in the DeFi ecosystem.
Key points:
- Reached $2B deposit threshold
- Demonstrates sustained platform growth
- Indicates increasing adoption of Layer 2 solutions
This achievement follows earlier positive momentum from February 2025, showing consistent platform development.
Crossed $2B deposits on @arbitrum. Higher.
Plasma Foundation Launches Co-Incentive Fund for Aave Builders
Plasma Foundation has announced a new co-incentive fund aimed at supporting fintech companies and institutions developing on the Aave protocol. This initiative follows the Ethereum Foundation's significant involvement with DeFi lending protocols earlier this year, when they deposited 45,000 ETH (valued at over $115M) into platforms including Aave. Key points: - Fund specifically targets institutional builders - Backed by Plasma Foundation - Continues momentum from EF's major DeFi investment This development signals growing institutional interest in DeFi infrastructure and follows broader trends of traditional finance engaging with decentralized protocols.
GHO Stablecoin Now Trading on Bitget Exchange
Aave's GHO stablecoin expands its market presence with a new listing on Bitget exchange. Users can now trade GHO against USDT on the platform's spot market. - Trading pair: GHO/USDT - Available on: [Bitget Exchange](https://www.bitget.com/spot/GHOUSDT) This listing follows Bitget's recent expansion of trading pairs, including the OM/USDT pair launched in December 2024.
DeFi Deposits Hit $60B Milestone
The decentralized finance (DeFi) sector reached a significant milestone with $60 billion in net deposits as of August 2025. This represents sustained growth in the DeFi ecosystem, maintaining stable deposit levels through July and August. Key points: - $60B total value locked (TVL) across DeFi protocols - Consistent deposit levels maintained for over 3 weeks - Indicates growing mainstream adoption of decentralized financial services The steady deposit levels suggest DeFi is moving beyond speculative interest toward more sustainable long-term growth.
Aave Launches V3 Developer Toolkit with SDK, React Hooks, and API
Aave has released a comprehensive developer toolkit for V3, featuring: - New SDK for seamless market integration - React hooks for frontend development - API for market connectivity - Tools to deploy custom vaults The toolkit enables developers to: - Connect to Aave markets in minutes - Access specialized lending pools - Create yield-generating vaults - Implement fee structures on yields This release follows Aave's successful deployment on zkSync Era, which introduced common token pairs and expanded protocol accessibility. Start building: [Aave Developer Portal](https://aave.com/build)