Direct Token Switching now available

**Aave has crossed $1 trillion in all-time loans**, marking a historic first for decentralized finance protocols. This milestone comes as the protocol expands across multiple fronts: - Deposits on Mantle network reached $575 million - Over $1 billion in real-world assets (RWAs) now deposited on the platform - Aave Horizon launched as the largest market for RWA-backed loans on Ethereum **Aave Horizon** introduces institutional-grade features while maintaining 24/7 liquidity. The platform uses a unified reserve architecture where stablecoins flow into shared pools accessible to KYC'd borrowers. Developers can build on this infrastructure, with **Aave Horizon Earn** serving as an example - offering stablecoin yield through ERC-4626 vaults that wallets and exchanges can integrate. The protocol recently went live on Mantle in partnership with Bybit, attracting $350 million in deposits within the first week.

A new audit contest is available on Sherlock's platform. Security researchers and auditors can participate in **Contest 1209** to identify vulnerabilities and earn rewards. - Contest accessible at [Sherlock platform](https://audits.sherlock.xyz/contests/1209) - Open for community participation - Part of ongoing security review process This follows previous contest activity, indicating continued focus on protocol security through community-driven auditing.

**Aave V4** has entered its **open security review phase** on Sherlock DeFi, marking a key milestone in the protocol's development. The review invites participation from: - Previous Aave auditors - Developers familiar with lending-pool mechanics - Security researchers interested in DeFi protocols This follows Aave Labs' September roadmap announcement, which outlined the final stages before V4's launch including public documentation, testnet deployment, and codebase release. The open review represents a **community-driven approach** to protocol security, allowing experienced auditors to contribute to one of DeFi's most significant upgrades.

**MetaMask's mUSD stablecoin** has been listed on Ethereum Core and Linea Build markets, expanding lending options for users. - Users can now **supply and borrow mUSD** on both platforms - This marks continued expansion for mUSD, the first stablecoin from a self-custodial wallet - Previously announced integration with Linea ecosystem for seamless on-ramps and swaps The listing provides new **DeFi lending opportunities** with MetaMask's native stablecoin across multiple networks.

**Aave has processed over $3.3 billion in liquidations** since launch to protect its lending protocol from bad debt. The DeFi protocol published a detailed blog post introducing **V4's new liquidation engine** and explaining improvements over the current V3 system. - Liquidations serve as a critical safety mechanism for lending markets - V4 aims to enhance the liquidation process with new technical improvements - The upgrade represents Aave's continued focus on protocol security Read the full technical breakdown: [Aave V4 Liquidations Blog](https://aave.com/blog/aave-v4-liquidations?utm_source=x&utm_medium=post&utm_campaign=liquidations)