Aave (AAVE) — Onchain News & Whale Tracking

BTCS sells ETH below cost to keep its Aave loans healthy, with a theoretical liquidation price of approximately $1,717.

BTCS, the sixth-largest Ethereum treasury firm, disclosed in its latest quarterly report that it sold ETH at a price below its original cost to proactively manage the collateral level and health factor of its Aave borrowings. The company did not specify the amount of ETH sold, nor break down the size of the realized losses. As of November 9, BTCS had approximately $64.1 million in outstanding borrowings (including accrued interest) on the Aave lending protocol, backed by roughly 46,676 ETH. Based on that day's closing price of $2,127 per ETH, the fair value of the collateral was around $99.3 million, equivalent to about 155% of the outstanding debt. Aave's liquidation threshold for ETH collateral is typically 80%. Calculated from the above loan and collateral scale, the health factor at that time was approximately 1.24; if the position remained unchanged, a liquidation would be triggered when ETH's price fell to around $1,717. The loan balance and collateral value fluctuate with lending activities, accrued interest, and token prices, and the position may have changed after November 9. As of September 30, BTCS held about $463,000 in cash, and the vast majority of its fair-value-measured digital assets had been deposited as collateral on Aave, which cannot be freely used for general corporate purposes during the loan term. BTCS stated that as of November 11, no full or partial liquidation had occurred. Between January 1, 2025 and November 11, 2026, BTCS borrowed a total of approximately $152.4 million in stablecoins (primarily USDT and Aave's dollar stablecoin GHO) on Aave using ETH as collateral, and repaid about $89.4 million during the same period.

Aave V3.8 adds reentrancy protection for liquidity pools, and has been deployed on 15 V3 markets.

Lending protocol Aave announced that, following approval from Aave DAO, Aave V3.8 developed by Aave Labs has launched on 15 Aave V3 markets. The update adds new security measures to Aave V3 to meet safety standards. Per a governance proposal submitted by Aave Labs, V3.8 is a security-focused, minimally disruptive upgrade that primarily adds reentrancy locks for pool operations during external callbacks. The protection mechanism leverages transient storage (EIP-1153) to maintain accounting consistency when a single transaction interacts with the pool multiple times, while guarding against theoretical reentrancy attacks. Thanks to the use of transient storage, the associated gas overhead remains low. The upgrade covers active Aave instances across 15 blockchains: Ethereum, Plasma, Avalanche, BNB Chain, Monad, Base, Arbitrum, Mantle, X Layer, Polygon, Linea, Optimism, Gnosis, MegaETH, and Celo. Aave Labs clarified that flash loans can still be combined with pool operations such as liquidations in the same transaction, but flash loans cannot be initiated mid-other pool operations. The version passed audits by Certora and third-party firms before moving to on-chain governance voting.

LlamaRisk proposes narrowing the collateral asset scope for Aave V3 Core, involving $1.33 billion in collateral assets.

Aave risk service provider LlamaRisk has submitted a proposal on the protocol’s governance forum, recommending that Aave V3 Core concentrate on mature, highly liquid collateral, while Aave V4 will support a wider range of assets through risk premiums and isolation mechanisms. The proposal aims to freeze the reserve pools of assets including rsETH, osETH, LBTC, tBTC, and rETH on Aave V3 Core. As of November 9, the collateral value tied to the proposal is roughly $1.33 billion, corresponding to approximately $1.03 billion in debt. Per the proposal, following the freeze, new deposits of these assets will be halted, and their loan-to-value (LTV) ratios will be cut to zero—meaning users can no longer initiate new loans using these assets as collateral. Existing positions may still be held, repaid, or migrated. LlamaRisk plans to coordinate with asset issuers and key borrowers to shift positions to either the collateral retained in V3 Core or Aave V4. If the relevant exposure does not decline, future steps could include gradually lowering the liquidation threshold based on asset conditions, or considering raising borrowing rates in the final phase.

Aave Labs Acquires Avon Team to Advance Fixed-Rate Lending Business

Aave Labs has acquired Avon’s team and technology to advance its fixed-rate lending business. The acquisition covers Avon’s fixed and variable lending protocols, on-chain order books, domain names, and related assets; financial terms of the deal were not disclosed. Per the agreement, Prince Sinha and Ayush Kaul will join Aave Labs’ engineering team, while Omar el-Ashaal will join the business development team. The Avon team will initially focus on fixed-rate lending, helping Aave expand the range of loan products available to its users. Avon’s prior research and development also included interest rate pricing, risk isolation, and lending market design. Aave Labs CEO Stani Kulechov said fixed rates are one of the products users already use in traditional finance, noting the Avon team will help Aave serve global institutions, fintech firms, and retail users. Aave added that its network currently has over $30 billion in deposits and more than $12 billion in outstanding loans.

Kraken’s parent company Payward and its clients have purchased AAVE, with both parties exploring further cooperation opportunities.

Payward, the parent company of crypto exchange Kraken, and its asset management clients have purchased an undisclosed amount of AAVE on the secondary market via its affiliated fund Digital Asset Special Investments I, and may continue to increase holdings. Payward said the move is aimed at advancing its asset management business expansion, and the two parties are exploring future cooperation opportunities. Stani Kulechov, founder and CEO of Aave Labs, noted that the partnership with Payward is a strategic step to bring Aave to more retail and institutional users. A source familiar with the matter revealed that the deal evolved from earlier negotiations, which had previously included both tokens and equity, though today’s announcement only covers the token purchase. The Aave protocol currently holds approximately $33 billion in net deposits, with active loans totaling around $11 billion.

Mercado Bitcoin hacker has dumped altcoins including PEPE and AAVE, converting all to ETH.

According to Lookonchain's monitoring, the Mercado Bitcoin hacker has sold off multiple altcoins including PEPE, AAVE, UNI, ONDO, and ENA, and converted all the proceeds into ETH. Currently, the hacker holds 7,988 ETH, valued at approximately $18.19 million.

Aave Pro launches V4 collateral swap feature, covering Ethereum, Base, and Avalanche markets.

Aave officially announced that Aave Pro now supports collateral swaps for Aave V4’s Ethereum, Base, and Avalanche markets. Powered by CoWSwap, the feature allows users to swap their collateral assets for other assets without closing their positions.

A crypto whale has been continuously selling off AAVE and WLD, depositing a total of $51.4 million in tokens to CEXs over the past 10 days.

According to Lookonchain’s monitoring, a whale address has been continuously offloading AAVE and WLD recently. Over the past 10 days, the address has deposited a total of 184,203 AAVE (valued at ~$25.5 million) and 56.15 million WLD (valued at ~$25.85 million) across multiple exchanges, with the combined value of the two tokens totaling around $51.4 million.

Whale Deposits 184K $AAVE and 56M $WLD Worth $51M to Exchanges in 10 Days

This whale keeps dumping $AAVE and $WLD! Over the past 10 days, the whale has deposited 184,203 $AAVE ($25.5M) and 56.15M $WLD ($25.85M) into multiple exchanges.

Mercado Bitcoin Hacked for $46M, Hacker Holds $1.79M PEPE, $1.61M AAVE, $1.35M PENDLE

Another exchange, @MercadoBitcoin, has been hacked for over $46M! Over $9M in stolen assets has already been frozen. The hacker still holds the following altcoins, which could face selling pressure: 372.99B $PEPE ($1.79M) 12.82K $AAVE ($1.61M) 769.95K $PENDLE ($1.35M) 29.83K

Early NEAR long holders liquidated their positions for $4.43 million in profits, shifting to shorting AAVE and BNB.

According to TradingBeats monitoring, a long-term NEAR whale today liquidated approximately 2.4863 million NEAR long positions in one go, worth around $10.276 million, locking in a profit of roughly $4.4266 million. The account’s original average entry price for NEAR long positions was only about $2.35, while the average liquidation price for this round stood at approximately $4.13. The whale has been reducing its position over the past six hours and has now fully cleared all its NEAR holdings. During the liquidation of NEAR long positions, the whale has shifted to shorting other altcoins. The same account opened short positions in AAVE, and also shorted MEGA and BNB. As of press time, the new short positions include: ~$1.4701 million in AAVE, with an average entry price of $131.92; ~$326,800 in BNB, average entry price $706.94; ~$190,500 in MEGA, average entry price $0.0413.

Pando Rings hacker activity: Transfers 4,000 ETH to Tornado Cash via Aave

According to PeckShield monitoring, the address that exploited the PandoRings vulnerability deposited 16.8 million USDT into Aave, borrowed 5,000 ETH, repaid the debt afterward, and withdrew its collateral on October 30. The address then converted 16.7 million DAI into 7,548 ETH and deposited 4,000 ETH into TornadoCash. On November 5, 2022, the Pando Rings project suffered a major security incident, where attackers exploited a vulnerability in its price oracle to steal approximately $20 million.

Aave has fully unfrozen its V3 and V4 markets, with contracts unaffected by the Binance security incident.

Aave has issued an update on its post-Binance incident handling progress, stating that all markets for Aave V3 and V4 have been unfrozen. Previously, following initial reports of the incident, Aave froze its markets as a preventive step, suspending new deposits and borrowings, though withdrawals and repayments remained fully operational. The protocol emphasized that its smart contracts were not impacted by the incident, and all positions have stayed fully collateralized. As an ongoing preventive measure, the loan-to-value (LTV) ratios for USDT, USDC, USDT0, POL, WAVAX, sAVAX, XAUT, PAXG, and OP will be temporarily set to 0, meaning these assets cannot currently be used as collateral to back new borrowings.

He Yi: The 60 million USDT collateralized on AAVE is not covered by the full freeze; hackers actually only siphoned off $46 million worth of ETH.

He Yi released a statement addressing the status of AAVE-related collateral funds, clarifying: The 60 million USDT collateralized in AAVE is not fully frozen; hackers only stole approximately $46 million worth of ETH. Once these assets are unfrozen through law enforcement processes, an additional roughly $14 million in assets will be recoverable.

Aave will reduce its borrowing limits ahead of phased unfreezing to prevent attackers behind the Binance hack from establishing large positions.

DeFi risk and transparency service provider LlamaRisk posted in the Aave governance forum that it will lower borrowing caps for major lending markets via the Risk Steward mechanism ahead of the phased unfreezing of Aave V3 and V4, to prevent attackers from the Binance hack—who still hold large amounts of ETH, stablecoins, and governance tokens—from using remaining borrowing limits to establish large positions in the first few blocks after unfreezing. The adjustment will cut unused borrowing limits by roughly $3.7 billion for Aave V3 and $130 million for Aave V4. According to LlamaRisk data, Aave V3 and V4 reserves were previously frozen due to the Binance hack, with attackers having borrowed 19,762 WETH from Aave V3 Core. The adjustment targets markets where pre-hack borrowing exceeded $10 million and had more than $10 million remaining under their caps; the new cap is set at the higher of the pre-hack borrowing amount and current borrowing amount, plus a 2% increase. The adjustment covers assets including WETH, USDT, and USDC across multiple Aave V3 instances such as Core, Base, Arbitrum, and Plasma. For example, the WETH borrowing cap for Aave V3 Core will be reduced from 2.4 million to 1.79 million, and the USDT borrowing cap from 3.09 billion to 2.56 billion. LlamaRisk noted that borrowing caps can be reinstated via standard procedures later as borrowing demand recovers.

Aave has frozen the majority of its network-wide markets and will unfreeze them in phases.

Aave risk service provider LlamaRisk announced in a governance forum post that after Binance’s Ethereum hot wallet was hacked, LlamaRisk, Aave Labs and Aave’s guardians decided to freeze all cross-chain markets. In total, 175 reserves across 16 networks on Aave V3, plus 117 reserves across four spoke chains on Aave V4, were frozen. Aave will continue monitoring the attacker’s wallets and price feeds, and will carry out phased unfreezing in coordination with all parties once fund flows have ceased.

Binance hacker completes token dump, converts $UNI, $ENA, $PEPE, $LINK, $AAVE, $ONDO, $WLD to 70,480 $ETH ($158.25M)

The Binance hacker has finished dumping $UNI, $ENA, $PEPE, $LINK, $AAVE, $ONDO, and $WLD, swapping them for a total of 70,480 $ETH ($158.25M). Sold 7.02M $UNI($39.63M) at $5.65. Sold 217.5M $ENA($33.93M) at $0.16. Sold 7.77T $PEPE($31.66M) at $0.0000041. Sold 2.57M

Data: Addresses linked to the Binance breach borrowed approximately 19,800 ETH from Aave.

An address linked to the Binance hot wallet breach deposited around 60 million USDT on Aave and borrowed 19,762 ETH (valued at approximately $44.7 million). Etherscan data shows the address has been tagged "Binance Hot Wallet Exploiter 3": it authorized and deposited USDT to Aave V3 starting at 04:57 Beijing Time on October 30, then borrowed roughly 19,762 ETH in two separate transactions, and has transferred a total of 23,314.5 ETH to another address associated with the hack.

Aave: As a precautionary measure, all DAO-operated markets in V3 and V4 have been frozen.

Aave stated on social media that it is aware of reports regarding potential impacts on wallets linked to Binance. Aave’s contracts are unharmed, and its positions remain overcollateralized. As a precaution, all DAO-governed markets in V3 and V4 have been frozen. The freeze suspends new deposits and borrowings, though users can still withdraw funds and repay their existing positions. Aave will continue to monitor the incident’s developments and restore normal operations promptly.

Chainlink launches 24/7 market data service, with Aave as its official launch partner.

Chainlink announced the launch of Chainlink 24/7, a service that delivers round-the-clock market data for traditional assets such as stocks and commodities to on-chain markets, covering weekends and holidays to fill the pricing gap for US equities between Friday evening and Sunday evening, as well as on non-trading days. The service is delivered via Chainlink Data Feeds and Data Streams: during trading hours, it leverages existing 24/5 session data, while after traditional markets close, it aggregates quotes from multiple perpetual contract platforms to form a single continuous price reference. Official launch partner Aave is utilizing the 24/7 Data Feeds for its institutional lending platform Horizon to provide round-the-clock pricing for tokenized real-world asset (RWA) collateral, with initial coverage of high-volume US stocks. Chainlink noted that its 24/5 offering already provides delayed pricing for nearly half of tokenized stocks, supporting the pricing of over $1.6 billion in tokenized stocks across six blockchains for projects including Ondo, xStocks, Robinhood, and Coinbase.

A crypto whale transferred approximately $42.7 million worth of AAVE and WLD to multiple trading platforms over the past five days.

According to Lookonchain’s monitoring, over the past five days, a whale has transferred 152,000 AAVE tokens (valued at approximately $21.3 million) and 45.17 million WLD tokens (valued at around $21.4 million) to multiple trading platforms.

AAVE & WLD whale dumps $21.3M AAVE and $21.4M WLD to exchanges in 5 days

This AAVE & WLD whale keeps dumping! Over the past 5 days, the whale has deposited 152,000 $AAVE ($21.3M) and 45.17M $WLD ($21.4M) into multiple exchanges.

A whale added 4,000 ETH to their leveraged long position on Aave, bringing the total position size to 22,504 ETH.

According to SpotOnChain monitoring, a crypto whale has just added 4,000 ETH (valued at $9.4 million) to its Aave leveraged long position, bringing the position to 22,504 ETH (worth $53.17 million) and borrowing $31 million in stablecoins. It is currently the largest active leveraged ETH long on Aave. The whale purchased the 4,000 ETH, deposited it as collateral on Aave, then borrowed stablecoins to increase its position.

Whale 0xdeA6 Buys 4,000 $ETH, Borrows $6M $USDT on Aave to Buy More $ETH

Whale 0xdeA6 bought another 4,000 $ETH ($9.4M) 9 hours ago and deposited it into Aave. He then borrowed 6M $USDT from Aave and deposited it into #Binance to buy more $ETH. The whale now has 22,504 $ETH ($53.17M) deposited in Aave and has borrowed a total of $31M in stablecoins.

A crypto whale is hoarding approximately $42.3 million worth of cryptocurrencies, including 14,600 ETH, LINK, AAVE, and UNI.

According to monitoring by Onchain Lens, a crypto whale purchased approximately $42.3 million worth of cryptocurrencies from BitGo in the past hour, including 14,600 ETH (valued at around $34.24 million), 415,690 LINK (roughly $4.81 million), 16,570 AAVE (about $2.23 million), and 144,840 UNI (approximately $1.02 million).

Binance Will Delist Spot Trading Pairs Including AAVE/BTC, ATOM/BTC, CAKE/BTC and Others

To protect users and maintain a high-quality trading market, Binance conducts regular reviews of all listed spot trading pairs and may delist some pairs for reasons including insufficient liquidity and low trading volume. Per the latest review results, Binance will delist the following spot trading pairs and halt trading in them starting at 03:00 UTC on October 30, 2026: AAVE/BTC, ATOM/BTC, CAKE/BTC, DASH/BTC, ETC/BTC, ICP/BTC, PENDLE/BTC, RENDER/BTC, TAO/BTC, THETA/BTC, XAUT/BTC, and XTZ/BTC.

An institution transferred 16.1 million WLD tokens and 35,000 AAVE tokens to a centralized exchange (CEX).

According to monitoring by YuEjin, an institution has successively transferred 16.1 million WLD (valued at approximately $7.39 million) and 35,000 AAVE (valued at approximately $4.81 million) to multiple centralized exchanges (CEX) over the past day.

Institution Moves 156,690 $AAVE & 19.74M $WLD to Exchanges After Year of Inactivity

After over a year of inactivity, an institution moved 156,690 $AAVE ($22.86M) and 19.74M $WLD ($10.04M) to sell. So far, it has deposited 62,000 $AAVE ($9.12M) and 19M $WLD ($9.67M) into exchanges.

An institution with investments in Aave and Worldcoin has transferred a combined $33.18 million worth of ETH, WLD, and AAVE to multiple centralized exchanges (CEXs).

According to EmberCN monitoring, an institution with investments in both Aave and Worldcoin transferred tokens worth around $33.18 million to multiple centralized exchanges approximately one hour ago. The moved tokens include 6,000 ETH (valued at ~$14.4 million), 19 million WLD (~$9.67 million), and 62,000 AAVE (~$9.11 million).

Aave Pro launches its Earn feature, enabling APY-based comparison of asset yields and one-click deposits.

According to an official announcement, Aave Pro has launched its Earn feature to help users easily identify yield opportunities. Users can now compare different assets based on annual percentage yield (APY), select their desired V4 market, and complete deposits with a single click.

Coinbase's tokenized equities are now live on Aave V4

Aave founder Stani announced during a third-quarter live stream that Coinbase’s tokenized stocks (AAPLc, AMZNc, GOOGLc, METAc, MSFTc, NVDAc, TSLAc) have launched on the Aave V4 Equity Center on Base. The service is only available to eligible non-US users, who can deposit these tokenized stocks as collateral to borrow USDC, with Chainlink providing official oracle data.

Aave Founder: New Tokenomics Will Include AAVE Buybacks, Staking, and Burns

Aave founder Stani stated in a Q3 live stream that Aaveonomics 3.0 will include AAVE repurchases, staking, and burns. AAVE repurchases have been suspended since April 19, the day after the rsETH exploit incident. Since then, the DAO has committed 25,000 ETH to DeFi United to cover losses, and arranged a credit line of up to 30,000 ETH from Mantle. Ahead of the repurchase suspension, a forum proposal had suggested cutting the annual repurchase budget from roughly $50 million to $30 million.

Citigroup: Aave is poised to become a decentralized collateral liquidity protocol that connects tokenized assets with financing.

Citi Research has released a report stating that it is no longer sufficient to view Aave solely as a crypto-native lending protocol. As tokenized assets, stablecoins, and institutional participation gradually integrate into mainstream finance, Aave is poised to be positioned as a decentralized collateral liquidity protocol. Projects including Aave V4, Horizon, and GHO all point to the intersection of collateral, liquidity, and financing. The report notes that if tokenization determines which assets enter on-chain ecosystems, and stablecoins become the default settlement base, Aave could help shape how these assets are financed, leveraged, used as collateral, and integrated into capital markets. Citi argues that as tokenization expands beyond stablecoins to money market funds, private credit, Treasuries, and even future equities, collateral circulation may eventually emerge as one of the most important use cases of tokenization. Aave provides a practical case study showing how tokenized assets can be used for collateralized borrowing, financing, and re-collateralization within the digital financial system, while also offering insights into the future of tokenized capital markets, securities financing, and even prime brokerage.

Binance Wallet launches DeFi API, covering 10 EVM chains and protocols including Aave, Morpho, Uniswap, etc.

Binance Wallet has announced the launch of its DeFi API, built on its Web3 API infrastructure, allowing developers to integrate DeFi capabilities without needing to connect to each protocol individually. The initial rollout supports 10 EVM chains including BSC, Ethereum, Base, and Robinhood Chain, as well as protocols such as Aave, Morpho, and Uniswap. The API also enables the construction of transactions to add liquidity to supported bStocks liquidity pools. It supports DeFi product discovery, position tracking, protocol insights, and transaction building, with Solana support coming soon.

DRV saw a short-term surge, breaking above $0.42, while tokens including LIT, ETHFI, and AAVE also rallied in tandem.

According to HTX market data, DRV saw a short-term sharp rally, breaking above $0.42 with gains exceeding 20%. Tokens including LIT, ETHFI, and AAVE also rallied in the short term. Citrini Research, the institution that published the "AI Doom Report", is suspected to have disclosed its cryptocurrency investment portfolio, which includes DRV, LIT, ETHFI, and AAVE.

Citrini reportedly discloses a crypto portfolio, including tokens such as DRV, LIT, ETHFI, and AAVE.

Citrini Research, the firm behind the "AI Doom Report", has published a new article titled "Breaking The Wall", which explores the intersection of agentic AI with cryptocurrency and traditional finance, and claims blockchain may have finally found a viable use case. Circulating screenshots of the piece reportedly reveal Citrini Research’s investment portfolio, with target weights for its crypto token allocation as follows: Derive (DRV) 10%, Lighter (LIT) 10%, Ether.fi (ETHFI) 10%, Aave (AAVE) 9%, Ethena (ENA) 9%, Solana (SOL) 8%, Hyperliquid (HYPE) 7%, Aerodrome (AERO) 7%, LayerZero (ZRO) 5%, Chainlink (LINK) 5%, Backpack (BP) 5%, Maple (SYRUP) 5%, Uniswap (UNI) 4%, Pendle (PENDLE) 3%, Ondo (ONDO) 3%. For its crypto public markets (crypto-listed companies) portfolio, target weights are: Securitize (SECZ) 20%, Circle (CRCL) 18%, Coinbase (COIN) 18%, Bitwise Hyperliquid ETF (BHYP) 14%, Robinhood (HOOD) 14%, Bullish (BLSH) 7%, Figure Technology Solutions (FIGR) 5%, BlackRock (BLK) 2%, WisdomTree (WT) 2%.

An investor transferred approximately $1.46 million worth of AAVE to FalconX, signaling potential selling intent.

According to OnchainLens monitoring, an investor withdrew 8,088 AAVE tokens (valued at approximately $1.46 million) from Coinbase, then transferred them to FalconX, suggesting the address may be planning to sell.

Aave Labs proposes establishing the Aave Foundation, which will hold the Aave trademark and related intellectual property rights.

Aave Labs has submitted an ARFC proposal to establish a memberless foundation named Aave Foundation in the Cayman Islands. The foundation will hold the lending protocol’s trademark and related intellectual property under the oversight of Aave DAO. The proposal only covers foundation registration and the appointment of independent directors, supervisors, and secretaries. The DAO will bear reasonable registration, legal, and setup fees, with no recurring budget allocated. Aave Labs and DAO service providers are prohibited from appointing or serving as directors or supervisors. Core governance rights—including protocol listing, parameter adjustments, budget approvals, and service provider selection—will remain with the DAO. Future transfers of trademarks, domains, and code intellectual property will be put to separate DAO votes, while the foundation will disclose its held assets, operating expenses, and related legal actions on a quarterly basis.

Aave founder Stani criticizes European regulators for restricting access to DeFi, saying this could harm open finance networks.

Aave founder Stani Kulechov has released a statement expressing disappointment with the European Central Bank (ECB) and European Banking Authority (EBA)’s responses to the Markets in Crypto-Assets (MiCA) consultation. He noted that the two authorities not only advocate banning yields on stablecoin payments, but also propose restricting crypto asset service providers (CASPs) from granting users access to decentralized finance (DeFi) channels—including yield protocols involving stablecoins not authorized under MiCA—without clarifying a concrete implementation framework. Kulechov added that the proposals suggest limiting DeFi user access via so-called "appropriateness tests" and are considering introducing a certification system for DeFi lending protocols. He argued that if regulators decide which protocols are suitable for European users, it could lead to more closed DeFi ecosystems, eroding the open finance network’s liquidity and network effects. Stated Kulechov, excessive restrictions could increase barriers to innovation and slow the development of open, transparent, and auditable financial infrastructure. He believes stablecoins, DeFi, and tokenized securities have the potential to reduce frictions in financial services, enhance transparency, and expand users’ access to financial opportunities, calling on European regulators to place users and their interests at the core of the regulatory framework. Finally, he concluded: “DeFi will ultimately prevail.”

An address suspected to belong to an Aave team member sold 50,000 AAVE tokens over the past week, netting 8 million USDC.

According to monitoring by on-chain analytics platform Yu Jing, an address suspected to belong to an Aave team member has sold 50,000 AAVE tokens in batches over the past week, receiving 8 million USDC in exchange at an average price of $160. The address previously obtained 108,000 AAVE from the Aave Team wallet between October 2020 and October 2021, and currently holds 30,000 AAVE valued at approximately $5.5 million.

Aave founder responds: The module in question is a third-party external adapter, not the Aave v3 contract that was affected.

In response to SlowMist’s report that a Safe module used in Aave v3’s loop strategy was exploited, causing losses of roughly 114.09 ETH (about $310,000), Aave founder Stani Kulechov said the incident was not an attack on the Aave v3 contract itself. Kulechov noted the involved module is a third-party external adapter built on top of Aave v3, adding the event had no impact on Aave v3 itself. Earlier BlockBeats reports indicated the Aave v3 Loop Safe module was attacked, with the attacker exploiting an access control flaw in the FlashLoopAdapter’s open()/close() functions. The hacker stole approximately 114.09 ETH from two Safe multi-sig addresses by forging Safe authentication and executing arbitrary modules, then repaid around 1,300 WETH in debt to unlock collateral.

SlowMist: Aave v3 Loop Safe Module Exploited, 114 ETH Lost

Crypto security firm SlowMist stated on social media that the Aave v3 Loop Safe module has been compromised. Attackers exploited an access control vulnerability in the FlashLoopAdapter’s open()/close() functions, forging Safe authentication and executing arbitrary modules to steal approximately 114.09 ETH from two Safe multisig addresses, while repaying around 1300 WETH debt to unlock collateral.

AAVE briefly broke through $178, hitting a new high since February.

Per HTX market data, AAVE briefly surged past $178, now trading at $176.15, marking its highest level since February, with a 24-hour gain of 8.83%.

A whale added $8.07 million worth of ETH to its holdings and deposited the assets into Aave.

According to on-chain analyst Ai Yi (@ai_9684xtpa), a crypto whale opened an $8.07 million ETH position four hours ago. Since September 2, the whale has accumulated a total of 12,134.13 ETH, worth $32.41 million at an average price of $2,671.25, and has now deposited the ETH into Aave.

Whale 0xe271 buys 39,018 $AAVE ($6.3M) from Kraken

Whale 0xe271 bought 39,018 $AAVE ($6.3M) from #Kraken 4 hours ago.

Aave Founder Closely Monitoring MetaMask Staking Incident, Aave Markets Remain Unaffected

Aave founder Stani posted a statement saying his team is collaborating with Lido to monitor the progress of the recent security incident affecting MetaMask Staking infrastructure. Stani added that the Aave market has not been impacted, with all operations running normally.

Two addresses converted WBTC worth approximately $4.26 million into 25,502 AAVE today.

According to Lookonchain’s monitoring, two wallet addresses today swapped 50.95 WBTC (worth approximately $4.26 million) for 25,502 AAVE.

DeFi protocol Sentora has submitted an ARFC proposal to operate an independently curated lending market on Aave V4.

DeFi protocol Sentora has submitted an ARFC (Aave Request for Comment) proposal to operate an independently curated lending market on Aave V4. The initial deployment will be on Ethereum, supporting lending for stablecoins including RLUSD, PYUSD, and OUSD. Aave DAO will receive 50% of the instance’s revenue. The Aave DAO’s short-term governance executor retains structural ownership of the instance and holds administrative roles for all hub-and-spoke contracts, configurators, and the native AccessManager.

Whales Swap $4.26M in $WBTC for 25,502 $AAVE

Whales are buying $AAVE! Two wallets swapped 50.95 $WBTC($4.26M) for 25,502 $AAVE today.

A trader went long on AAVE with 10x leverage; after adding to their position at lower levels, the return on their holding hit 1133%.

According to TradingBeats' monitoring, a trader address on Hyperliquid starting with 0x08c1 currently holds approximately 21,800 AAVE contract long positions, with a current leverage of 10x, an average entry price of around $80.89, and an unrealized profit of roughly $2 million. The address previously continued to add positions when AAVE was at low levels. Currently, AAVE is trading at approximately $172.54, up around 166% from its average entry price of about $64.77 in early June.