Whop Integrates Aave to Bring Yield Earning to 21 Million Businesses
Whop Integrates Aave to Bring Yield Earning to 21 Million Businesses
💰 21M businesses just got DeFi access
Whop, a platform serving online businesses, has launched Whop Treasury - enabling over 21 million businesses to earn yield through DeFi integration.
Key Details:
- Powered by Aave Protocol on Plasma network
- Represents one of the largest embedded DeFi integrations to date
- Built on a DeFi-native tech stack including Aave, Plasma, Veda Labs, and USDT0
The integration allows businesses using Whop's platform to access yield-earning opportunities directly, bringing institutional-grade DeFi functionality to mainstream online businesses.
The tech stack is truly DeFi-native, built on Aave, Plasma, @veda_labs, and @USDT0_to. Read how it all works here: aave.com/blog/aave-powe…
Aave Unveils Glass Design System Inspired by Apple's Liquid Glass
Aave has released **Aave Glass**, a design system inspired by Apple's Liquid Glass aesthetic that now functions seamlessly across both mobile and web platforms. **Key highlights:** - Cross-platform compatibility for consistent user experience - Detailed technical breakdown available in their [design blog post](https://aave.com/design/building-glass-for-the-web) - Powers a family of UI components across Aave's interface The design system represents Aave's approach to creating a modern, cohesive visual language for their decentralized finance platform.
Aave V4 Surpasses $115M in Deposits as Platform Raises Asset Caps
Aave V4 has reached a significant milestone, crossing **$115 million in total deposits**. The platform has responded to growing user demand by raising supply and borrow caps across multiple assets. This growth follows recent momentum in the protocol: - USDG deposits increased 5x in one week, prompting a supply cap raise to 20 million - New incentive programs launched for frxUSD and USDG on the Main market - The protocol previously hit $50M in deposits in May The cap increases signal Aave's strategy of gradually expanding capacity as the V4 protocol matures and demonstrates sustained user adoption.
🔓 rsETH Recovery Nearly Complete: Final Tranche Coming Monday
**Major Progress in rsETH Recovery** Kelp DAO has sent the second-to-last batch of rsETH to the LayerZero lockbox, with the final amount scheduled for Monday. This will fully restore rsETH's backing after the April 18 bridge exploit. **Current Status:** - WETH loan-to-value ratios restored to pre-incident levels - All Aave markets operating normally - rsETH bridging between mainnet and L2s fully functional - Users can withdraw rsETH across all affected markets **Recovery Timeline Recap:** - May 12: Exploiter's rsETH burned on Arbitrum - May 13: First tranche transferred, bridging reopened - May 14: rsETH withdrawals enabled - May 17: WETH LTVs restored across all markets - May 22: Second-to-last batch sent The coordinated "DeFi United" effort involved contributions from multiple protocols and successfully navigated legal complications, including a court-modified restraining notice on Arbitrum DAO funds. The recovery demonstrates cross-protocol collaboration in addressing DeFi incidents.
Aave Powers MetaMask Card for Yield-Bearing Asset Spending
Aave has released a case study detailing how its yield-bearing assets integrate with the MetaMask Card for everyday purchases. **Key Features:** - Users can spend yield-bearing stablecoins at any Mastercard-accepted location - Partnership combines Aave's liquidity protocol with MetaMask's payment infrastructure - Service currently available across Europe and the United States The integration allows users to maintain their assets in yield-generating positions while using them for daily transactions through the MetaMask Card.