AaveAave stock-backed loans on Base get new USDC incentives
Coinbase Tokenized Stocks are live as collateral on Aave V4 on Base, letting eligible non-U.S. users deposit AAPLc, AMZNc, GOOGLc, METAc, MSFTc, NVDAc, and TSLAc and borrow USDC against them. New USDC incentives in the Coinbase Tokenized Stocks Hub have now gone live, sharply lowering the cost of borrowing against the stock tokens — contributors Token_Logic and 0xKolten noted the rewards make that borrowing effectively free and improve carry, and Base amplified the news. Both stock-token suppliers and USDC suppliers in the Equities Hub earn rewards; the stock tokens are collateral-only and not borrowable.
The deployment was done by Aave Labs with risk analysis by LlamaRisk. Aave has also said Chainlink 24/7 — continuous pricing for stocks and other RWAs through weekends and holidays — is coming soon to these stock-backed loans, aimed at onboarding the $150 trillion global equities market into DeFi.
Sources
- RT @baseposting: AAVE V4 ADDS NEW USDC INCENTIVES FOR COINBASE TOKENIZED STOCKS ON BASEx.com ↗
- RT @0xKolten: New incentives on @aave's market for Coinbase Tokenized Stocks. Borrowing USDC against them is (basically) free. Take adva…x.com ↗
- RT @Token_Logic: More USDC rewards for borrowing against Coinbase Tokenized Stocks on @aave V4. Cheaper borrow, better carry on stock-back…x.com ↗
- Find the market here: https://t.co/piJHCQknsP Replying to their earlier post: New USDC incentives are live in the Aave V4 Coinbase Tokenized Stocks Hub on @base. The rewards significantly lower the cost of borrowing USDC against tokenized stocks. Tokenized stocks are only ava…x.com ↗
- New USDC incentives are live in the Aave V4 Coinbase Tokenized Stocks Hub on @base. The rewards significantly lower the cost of borrowing USDC against tokenized stocks. Tokenized stocks are only available in eligible jurisdictions outside of the U.S. https://t.co/Pi9yUJqv8Wx.com ↗
- Introducing @chainlink 24/7, coming soon to stock-backed loans on Aave. It delivers continuous pricing for stocks and other RWAs through weekends and holidays, strengthening DeFi’s ability to onboard the $150 trillion equities market and beyond. https://t.co/VczggJZXzR
Aave
We built Aave Protocol, an open source and non-custodial liquidity protocol and the Aave app, a web interface for users to interact directly with the protocol.
