Aave

Coinbase's cbETH has achieved a significant milestone on Aave's Base market, reaching **$100 million in deposits** for the first time. This marks a new all-time high for the asset on the platform, demonstrating growing adoption of Base as a layer-2 solution and increasing confidence in cbETH as a liquid staking derivative. The growth reflects broader trends in DeFi, where users are seeking yield opportunities across multiple chains while maintaining exposure to Ethereum staking rewards through wrapped assets like cbETH.

MetaMask has launched Agent Wallet, allowing AI agents to interact with Aave Protocol while maintaining user control and self-custody. **Key Features:** - AI agents can execute on-chain trades within user-defined parameters - Users set spending limits and allowlist specific protocols - Every transaction includes threat scanning - Positions remain self-custodial throughout The integration represents MetaMask's expansion into AI-powered crypto trading, combining automation with security guardrails. Users maintain full control over their assets while delegating specific trading operations to AI agents operating within predetermined boundaries. This development enables automated DeFi interactions on Aave while preserving the non-custodial nature of the protocol.

Aave Protocol is now accessible through Safe{Mobile} via WalletConnect integration. **Key Features:** - Users can connect their Safe multisig wallets directly to Aave - Manage DeFi positions remotely from mobile devices - Execute transactions once multisig threshold requirements are met This integration enables mobile access to Aave's liquidity protocol while maintaining the security of multisig wallet controls.

**Active USDT loans on Aave V3 reached $2.5 billion**, marking a significant $400 million increase over the past 30 days. This growth reflects strong demand for stablecoin borrowing on the decentralized lending protocol. The surge comes as Aave continues its trajectory toward $1 trillion in total loans originated since its launch. **Key metrics:** - Current USDT loans: $2.5B - 30-day growth: +$400M - Platform: Aave V3 The increase suggests growing institutional and retail interest in leveraging USDT positions through DeFi protocols.

Aave is preparing to launch its iOS application, with a waitlist now open for early access. Users can sign up and invite friends to move up the queue faster. The mobile app aims to bring DeFi to a broader audience by providing a user-friendly interface for interacting with the Aave Protocol. **Key details:** - iOS app launching soon - Waitlist available at [aave.com/app](https://aave.com/app) - Referral system to advance position The app will serve as a mobile gateway to Aave's decentralized lending and borrowing protocol, potentially making DeFi more accessible to mainstream users.

**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 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.

Aave has launched on Arbitrum Earn, a new feature within the Arbitrum Portal. Users can now supply assets and earn Aave-powered yield directly through the portal interface. The integration leverages LiFi Protocol's cross-chain routing technology, enabling users to: - Swap assets from different chains - Access yield opportunities - Manage vaults in a single location Arbitrum Earn also supports other protocols including Morpho and Pendle, providing users with multiple yield options through one unified interface. The service is accessible at [portal.arbitrum.io/earn](http://portal.arbitrum.io/earn)

Aave Pro has integrated **frxUSD** as a reward token, allowing users to track and claim their rewards directly within the platform. **Key Features:** - Rewards distributed in frxUSD - Seamless tracking and claiming without leaving Aave Pro - Direct access through the platform interface Users can explore frxUSD on Aave Pro: [View frxUSD Asset](https://pro.aave.com/explore/asset/1/0xCAcd6fd266aF91b8AeD52aCCc382b4e165586E29) This integration streamlines the reward claiming process, eliminating the need for external platforms or additional steps.

Aave has launched **Aave Pro**, a new interface for interacting with Aave V4 Protocol. **Key features include:** - Earning and borrowing capabilities - Token swapping functionality - Position monitoring tools The interface is now available at [pro.aave.com](https://pro.aave.com/) This follows the V4 testnet launch in November 2025, which included a developer preview of the Pro interface. The full announcement details are available on the [Aave blog](https://aave.com/blog/aave-v4-live-ethereum). Aave Pro provides users with a streamlined way to access V4's liquidity protocol features through a web-based interface.