AaveTokenized SpaceX stock SPCXc goes live on Aave V4 Base
SPCXc, Coinbase's tokenized SpaceX stock, is now live as collateral in the Coinbase Tokenized Stocks market on Aave V4 on Base, joining AAPLc, AMZNc, GOOGLc, METAc, MSFTc, NVDAc, and TSLAc. Eligible non-U.S. users can deposit the stock tokens and borrow USDC against them; the tokens are collateral-only and not borrowable.
Aave amplified the listing across X, with 0xKolten flagging deposit incentives for SPCXc and Token_Logic noting the flow of buying tokenized SpaceX stock on Base, then borrowing USDC against it on Aave V4.
- USDC incentives in the Coinbase Tokenized Stocks Hub sharply lower borrowing costs; contributors say the rewards make borrowing against the tokens effectively free
- Both stock-token suppliers and USDC suppliers in the Equities Hub earn rewards
- The deployment was done by Aave Labs with risk analysis by LlamaRisk
- Chainlink 24/7 continuous pricing for stocks and other RWAs is coming soon, aimed at onboarding the $150 trillion global equities market into DeFi
Sources
- RT @baseposting: SPCXc IS NOW LIVE ON AAVE V4x.com ↗
- RT @Token_Logic: You can now buy tokenized SpaceX stock on Base, then borrow $USDC against it on Aave V4. Available only in eligible juris…x.com ↗
- RT @0xKolten: SPCXc is the next Coinbase Tokenized Stock onboarded to @aave on @base. There's also incentives for depositing SPCXc 👀 https…x.com ↗
- RT @luigidemeo: SpaceX $SPCX added to @aave on @basex.com ↗
- RT @StaniKulechov: SpaceX is now available on stock-backed loans. Powered by @base and @coinbase.x.com ↗
- RT @base: Next stop: Mars $SPCXc is live on Aave V4x.com ↗
- SPCXc is now live on the Aave V4 market for Coinbase Tokenized Stocks on @base. Users can borrow USDC against it. Tokenized stocks are only available in eligible jurisdictions outside of the U.S. https://t.co/hX3KOKtrPq
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.
