$80,505.00
-2.26%$1,541.49
-6.06%$3.53
-1.65%$1.99
-1.31%$578.68
-0.04%$0.999914
-0.00%$114.78
-2.12%$0.156696
-0.65%$0.62246
0.00%$0.235854
-1.44%$1,538.42
-6.18%$80,524.00
-2.08%$9.41
0.33%$12.38
-0.36%$18.57
1.77%$0.99983
-0.02%$2.94
-4.41%$0.1719
1.85%$0.232717
-1.92%$2.16
-1.69%$0.00001189
0.50%$1,840.56
-6.11%$6.46
-5.07%$295.11
-1.66%$74.95
-0.31%$0.999458
-0.07%$4.24
-2.34%$0.998499
-0.04%$14.61
5.71%$1,535.01
-6.23%$0.595248
-0.56%$27.90
-0.84%$201.91
-0.94%$1,634.68
-6.23%$53.51
0.12%$5.12
-3.54%$1.046
0.01%$4.75
1.49%$0.00000681
-0.18%$80,540.00
-2.13%$21.58
-0.46%$0.832607
-5.29%$30.97
3.09%$2.04
-2.13%$0.086642
-0.66%$4.89
-1.40%$0.690684
-0.99%$1.00
0.00%$14.97
-0.71%$1.16
-0.00%$135.62
-4.26%$237.56
2.88%$4.39
-1.80%$3.62
8.04%$0.02160271
-1.70%$1.002
0.38%$0.069653
2.98%$4.03
-0.10%$80,522.00
-1.99%$0.308423
-0.97%$8.04
-0.74%$0.183867
-1.10%$2.38
-2.43%$0.179351
0.43%$0.473777
-2.32%$2.49
-1.98%$0.291518
1.13%$10.27
-0.30%$3.55
-1.66%$80,412.00
-2.15%$0.427994
-2.89%$1,313.41
-4.10%$0.655802
-0.08%$4.08
-9.29%$0.367845
-1.90%$0.06524
-1.61%$1.024
-0.64%$0.999334
0.00%$0.647906
-6.62%$65.29
-1.34%$119.08
-2.68%$1,542.14
-6.17%$0.60438
-1.07%$1,598.85
-6.09%$0.01404249
-4.08%$0.706666
0.55%$14.89
-4.88%$1.00
-0.02%$0.00001087
-0.75%$0.837819
12.47%$0.999361
-0.03%$0.330537
0.67%$1.001
0.12%$3,241.77
3.88%$0.593961
16.34%$7.97
0.15%$1,741.59
-5.81%$0.077976
-1.74%$0.151393
-1.66%$0.997872
-0.03%$0.734088
-3.00%$3,251.33
3.93%$0.40021
-2.61%$80,045.00
-1.94%$578.55
-0.09%$80,489.00
-2.16%$0.717168
-1.42%$0.26005
1.64%$0.998945
-0.05%$0.01415556
-0.07%$0.01821535
54.27%$1,636.26
-6.22%$0.477957
2.25%$0.101501
-0.21%$37.17
2.52%$0.158743
-0.55%$0.00000059
-1.20%$0.545812
-7.58%$1.94
2.23%$0.01136935
0.10%$27.80
-2.26%$0.345945
-0.05%$3.34
-1.69%$1.69
-0.61%$147.19
-1.98%$0.999118
-0.05%$0.525809
7.13%$0.00005366
-0.64%$2.84
3.29%$126.43
-0.84%$0.996341
-0.27%$1.67
-3.10%$0.517523
8.50%$1,601.74
-6.11%$0.999891
-0.01%$0.999892
-0.01%$0.067469
0.28%$13.90
-2.44%$1.65
4.35%$0.240864
5.76%$0.123681
-2.99%$0.414226
-4.01%$76,024.00
-6.39%$1.10
-1.31%$0.00465353
-3.89%$0.558074
-0.21%$0.00748313
-0.56%$3.91
-2.51%$0.00000042
0.00%$80,538.00
-2.04%$0.155539
-1.89%$1.082
-0.00%$80,928.00
-1.72%$0.995398
-0.22%$0.15682
-0.57%$110.64
0.01%$0.999781
-0.01%$13.82
-2.27%$1.84
3.30%$0.999903
-0.04%$1.089
-1.74%$2.37
-1.66%$0.374438
0.98%$0.128624
-5.44%$0.00001883
0.93%$5.28
-10.65%$0.03880965
-1.76%$1,637.22
-6.12%$22.54
0.47%$0.071455
-2.58%$80,364.00
-2.05%$40.24
1.77%$77,106.00
0.00%$5.36
1.15%$0.998922
-0.02%$0.547251
-3.91%$1,539.50
-6.20%$0.41568
-0.78%$1,541.11
-6.10%$1,541.09
-6.10%$0.162377
-6.65%$0.006171
-3.74%$1.001
0.09%$0.184315
-0.86%$0.770956
-1.14%$0.999803
0.02%$1,622.38
-2.41%$0.07008
-6.00%$0.00005818
0.42%$0.999133
-0.04%$3.93
-2.24%$0.00365152
2.67%$0.148532
11.08%$0.0000015
-8.65%$0.46208
-3.62%$1.001
0.16%$0.359668
-6.48%$0.0294817
-1.78%$0.304112
-7.09%$1,533.35
-6.26%$0.673661
33.64%$1,557.68
-6.07%$2.46
-2.57%$3,146.35
1.79%$0.00419039
-6.70%$2.72
2.22%$99.45
-4.20%$0.02594222
-9.02%$80,399.00
-2.15%$0.219799
1.68%$0.209335
-0.57%$0.448921
3.79%$0.03181344
5.18%$1.015
-0.38%$0.556233
1.78%$80,266.00
-2.46%$20.16
-2.91%$1,524.84
-5.90%$0.999728
-0.04%$0.00039753
-8.82%$0.239958
-3.34%$1,542.11
-6.02%$1.00
-5.38%$0.47448
-2.41%$0.168366
-1.77%$0.03379942
-0.35%$20.86
-3.29%$0.671475
8.71%$18.58
1.80%$0.997493
-0.10%$1,626.54
-6.19%$13.08
2.45%$1,617.99
-2.12%$0.478291
2.77%$13.23
-2.08%$0.094302
-0.28%$0.632665
-1.32%$0.01076267
1.17%$1,685.62
-6.09%$3.23
-5.39%$0.999829
-0.01%$1,674.57
-6.12%$80,577.00
-1.90%$0.999642
-0.01%$1.89
-4.08%$0.23231
0.66%$0.802312
-0.20%$0.00219158
0.17%Reading
Decentralized finance (DeFi) protocol Aave has seen its price surge by double digits following the announcement that its Aave Pro platform will launch later this month.
Aave Pro, a permissioned version of its platform geared towards institutional investors, was first revealed during a webinar last week.
Attendees of the “Next Steps in Institutional DeFi” webinar reportedly received a follow-up email with additional information on Aave Pro.
$AAVE Pro coming in July.
For those that didn't attend the "NExt Steps in Institutional Defi" Zoom with Stani, here's a recap email I received. pic.twitter.com/ClwlBkXh2r
— Noah Goldberg (@TraderNoah) July 4, 2021
The letter said that “due to extensive demand from various institutions, Aave and Fireblocks are launching the first permissioned decentralised liquidity protocol “Aave Pro” in July.”
Fireblocks closed a $133 million Series C financing round in March and will join the initiative as a partner.
The price of AAVE skyrocketed on the heels of the announcement by more than 22%, surpassing the $338 mark on Tuesday morning. According to data from CoinGecko, the last time the token was trading at these levels was on June 10. Aave has since settled at $328, representing a 16% gain over the last 24 hours.
Initially, Aave Pro will support four assets with high institutional demand–Bitcoin (BTC), Ethereum (ETH), AAVE, and USD Coin (USDC). The platform’s liquidity pools will be segregated from other Aave markets, such as Aave v2 and Aave Polygon.
One notable feature of Aave Pro is that institutional investors will have to pass Fireblocks’ smart contract-based “Know Your Customer” (KYC) verification to access the platform. Once approved, they can enjoy the benefits of the automated DeFi yields and Aave’s decentralized governance–something that Stani Kulechov, the CEO of Aave, called “the most interesting” feature.
Aave is a decentralized finance (DeFi) protocol that lets people lend and borrow cryptocurrencies and real-world assets (RWAs) without having to go through a centralized intermediary. When they lend, they earn interest; when they borrow, they pay interest. Aave was originally built atop the Ethereum network, with all the tokens on the network also using the Ethereum blockchain to process transactions; they are known as ERC20 tokens. Aave has since expanded to other chains, including Avalanche, F...
Additionally, Fireblocks will implement anti-money laundering (AML) and anti-fraud compliance for Aave Pro.
The news of Aave Pro’s upcoming launch shouldn’t come as a big surprise though, as Kulechov first revealed that Aave was trialing private permissioned liquidity pools back in May.
SatLayer, a Bitcoin restaking platform, announced Wednesday it’s extending Bitcoin’s use in decentralized finance to Sui, the speedy layer-1 blockchain launched last year. With Sui’s focus on fast transaction speeds, SatLayer’s integration will enable developers to leverage Bitcoin’s $2.1 trillion footprint in building DeFi applications, which aim to exclude third parties from transactions in areas like trading and lending, SatLayer said in a statement. Sui’s network is already home to a budding...
It's been a big week of DeFi news for the Donald Trump-backed crypto venture, World Liberty Financial (WLFI). Earlier this week, the project expanded its portfolio with $5 million worth of investment in three major assets: Ethereum (ETH), Chainlink (LINK), and Aave (AAVE). The acquisitions include 2,631 ETH at $3,801 each, 41,335 LINK at $24.2, and 3,357 AAVE at $297.8, according to on-chain analytics platform Lookonchain. The purchases mark WLFI’s first foray into LINK and AAVE, diversifying it...
Crypto yield marketplace Superform announced Wednesday the launch of SuperUSDC, a product billed as a “set and forget” opportunity for earning high yield on Circle’s stablecoin. Since its launch in early access this year, the platform has functioned as a decentralized marketplace for yield protocols. Projects can list vaults on Superform, which are linked to yield opportunities on Ethereum as well as dedicated scaling solutions like Arbitrum or Base. SuperUSDC offers DeFi users “automated, non...
