$70B DeFi protocol Aave goes live on Aptos in ecosystem expansion
Aave enters a blockchain with few competitors, with only one top-five Aptos protocols having a TVL of $1 billion or more.
Aave, a decentralized finance (DeFi) protocol with $70 billion in net deposits, has launched on Aptos, a layer-1 blockchain founded by former Meta employees. The move may deepen stablecoin and liquid staking token liquidity on the blockchain, two asset classes subject to regulation in 2025.
According to an announcement shared with Cointelegraph, Aave will support four coins native to the blockchain at launch: stablecoins USDC (USDC) and USDt (USDT), Aptos (APT), and Ethena Staked USDe (sUSDe). The Aptos Foundation will provide users with rewards and liquidity incentives to promote the use of Aave on the Aptos blockchain.
The arrival of Aave could deepen stablecoin liquidity on the blockchain, as the fiat-pegged cryptocurrencies are experiencing a breakthrough and are one of the industry’s most-discussed use cases. On Aptos, the stablecoin market cap has surged in 2025, jumping to $1.27 billion on Thursday from $627.8 million on Jan. 1.
Source: Cointelegraph →Related News
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