Aave Introduces Aave Shield After $50 Million DeFi Swap Loss
Aave plans to launch a new protection feature called Aave Shield after a trader lost over $50 million during a large token swap affected by liquidity constraints.
Aave plans to launch a new protection feature called Aave Shield after a trader lost over $50 million during a large token swap affected by liquidity constraints.
A configuration issue in Aave’s risk oracle caused about $26 million in unfair liquidations tied to wstETH positions. The protocol and its risk partner say affected users will be compensated.
Aave’s “Aave Will Win” framework passed its Temp Check with 52.6% support, advancing to the ARFC stage amid a divided governance vote.
Aave has surpassed $1 trillion in cumulative lending volume, underscoring its dominance in DeFi lending as institutional adoption of onchain credit markets grows.
Aave Labs is seeking a $50 million funding package in exchange for redirecting all product revenue to the Aave DAO treasury.
Aave is dissolving its Avara umbrella brand and winding down the Family wallet as it sharpens focus on its core DeFi products under Aave Labs.
Aave has transferred stewardship of the Lens Protocol to Mask Network as it refocuses on core DeFi infrastructure and protocol development.
Aave CEO Stani Kulechov outlined a 2026 roadmap centered on a major protocol upgrade, real-world asset expansion, and a consumer-facing mobile app.
Bybit, Mantle, and Aave formed a partnership to expand institutional-grade DeFi liquidity through Mantle’s Layer-2 network.