Aave Founder: $200 million in collateral liquidated in October, Q3 revenue hits a record high, V4 will simplify architecture and expand products.

At the DAS London Conference, the founder of Aave reported that during the market downturn on October 10, Aave automatically liquidated over $200 million in collateral, maintaining solvency without any interruptions. Third-quarter deposits were robust, loans were stable, interest rates normalized, and net interest income drove revenues to a new high. The founder anticipates that global interest rate cuts may widen the TradFi-DeFi spread, creating arbitrage opportunities and attracting traditional participants, while the upcoming Aave V4 aims to simplify the architecture and expand the product line.

AAVE2.28%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)