Aave

Aave V4 Prime Hub has activated incentives for USDC borrowers, offering a straightforward 1% cashback in USDC. **Key Details:** - Borrow USDC against any supported collateral - Receive 1% back in USDC rewards - Incentives now live on the Prime Hub This follows recent incentive launches on Aave V4's Avalanche deployment, where users can earn rewards by supplying USDC or USDT, or by borrowing AVAX. The cashback program provides a direct benefit for users looking to borrow stablecoins while using their crypto assets as collateral.

The Aave community is considering a temperature check proposal to deploy Aave V4 on the Tempo network. **Key Points:** - Community members can review and discuss the proposal on the governance forum - The deployment would expand Aave's presence across blockchain networks - This follows previous governance discussions about Aave V4 licensing from March **What This Means:** Tempo would join Aave's multi-chain ecosystem if the proposal gains community support. The temperature check represents an early stage in the governance process, allowing community members to signal their interest before a formal vote. View the full proposal: [Aave Governance Forum](https://governance.aave.com/t/temp-check-deploy-aave-v4-on-tempo/25333)

Aave Labs has deployed a new V4 instance on behalf of Aave DAO. The deployment includes: - **Risk analysis** completed by LlamaRisk - **Price feeds** provided by Chainlink for secure and reliable data This deployment follows Aave's standard protocol for launching new instances, ensuring proper risk assessment and oracle infrastructure are in place before going live.

Aave V4 has deployed on Avalanche, marking its first expansion beyond Ethereum. The protocol now supports seven assets on the network: - AVAX and sAVAX - BTC.b - WETH.e - USDC, USDT, and EURC This deployment introduces lending infrastructure built to accommodate future markets for tokenized real-world assets. Supply and borrow caps for each asset are detailed in the [governance forum discussion](https://governance.aave.com/t/arfc-deploy-aave-v4-on-avalanche/25165). The move extends Aave's non-custodial liquidity protocol to a new blockchain ecosystem, providing users with additional options for lending and borrowing activities.

**Aave V4 has officially launched on Avalanche**, marking the protocol's first multi-chain expansion beyond its original network. **Key details:** - This represents Aave's initial step into multi-chain deployment - sAVAX (staked AVAX) is supported from launch day - The integration aims to bring DeFi liquidity infrastructure to the Avalanche ecosystem The deployment signals Aave's strategy to expand its decentralized lending protocol across multiple blockchain networks.

**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.