aave

According to CoinDesk, Kraken's parent company Payward and its asset management clients have purchased an undisclosed number of AAVE tokens through the secondary market, further expanding their presence in the decentralized finance (DeFi) and asset management sectors.This purchase was completed through Payward's affiliated investment fund Digital Asset Special Investments I, LP, and its asset management clients. Payward indicated that it may continue to increase its holdings of AAVE in the future.Payward and Aave are also exploring future collaboration opportunities. Sources say that Payward chose to buy tokens from the secondary market rather than directly from Aave, reflecting the synergy of interests between the two parties and paving the way for subsequent cooperation.CoinDesk previously reported in June that the two parties had discussed a transaction involving 250,000 AAVE tokens and a 15% equity stake in Aave Group, with a valuation of $385 million at that time, but this announcement did not mention the equity transaction.

According to monitoring by ai_9684xtpa, the X account for polypol87446165 has redeemed tokens from Aave in the past 10 hours, and then sold ETH and stETH on-chain worth 6.357 million dollars, with an average selling price of 2,428 dollars.

Aave posted on platform X that SPCXc is now live on the Coinbase tokenized stock Aave V4 market on Base, allowing users to use it as collateral to borrow USDC. The tokenized stock is only available to users in eligible jurisdictions outside of the United States.

According to monitoring by Lookonchain, the Mercado Bitcoin hacker has sold various altcoins including PEPE, AAVE, UNI, ONDO, and ENA, and has converted all the obtained assets into ETH. Currently, the hacker holds 7,988 ETH, worth approximately 18.19 million USD.

On November 3, Veda, an on-chain treasury infrastructure provider, announced that Veda, Aave Labs, and Kamino Foundation released a public summary of a legal framework discussing how U.S. federal securities laws apply to decentralized lending protocols and non-custodial treasuries. Veda stated that the framework addresses how securities laws should apply when financial activities traditionally performed by intermediaries are executed by smart contracts, and ownership, control, and decision-making are decentralized among different participants. The three parties submitted a more detailed version to the U.S. Securities and Exchange Commission (SEC) on October 26 and requested to communicate with the commission's staff. Aave Labs clarified that the detailed version was submitted to the SEC's crypto working group and corporate finance department, and requested a meeting with the staff, with the complete submitted documents remaining confidential.Veda stated: Securities regulation should follow the rights, obligations, and powers that are actually formed by arrangements, including who owns the assets, who bears the obligations, who exercises the authority, and whose economic outcomes are affected. Common infrastructure, receipt tokens, or discretionary service providers cannot unilaterally decide the above issues. The document analyzes against the Howey investment contract standard, Reves note standard, the Investment Company Act of 1940, and the Investment Advisers Act of 1940, and concludes that the analyzed agreements and treasury arrangements do not constitute investment contracts or notes, and the described treasury does not constitute an investment company, nor does the discretionary investment compensation necessarily constitute custody of client assets.Veda also stated that these conclusions depend on the specific structure, contractual arrangements, and distribution of rights and powers described in the document; if the ownership structure, repayment commitments, discretionary powers, or redemption restrictions differ, the legal analysis may also change. This submission did not request the SEC to establish exemptions, safe harbors, or specialized regulatory regimes for decentralized finance, but rather to apply existing securities laws and ask the commission to confirm that the law has distinguished between activities such as issuance, investment management, and custody. The blog post noted that the content is for informational reference only and does not constitute legal advice, and the SEC has not endorsed the conclusions of the document. According to publicly available information from RootData and Veda, Veda was established in 2024 and completed an $18 million financing round led by CoinFund in June 2025.

Aave Pro has launched the collateral swap feature for Aave V4's Ethereum, Base, and Avalanche markets, allowing users to change collateral assets without having to close their positions.

Lookonchain reported that in the past 10 days, a certain whale deposited 184,200 AAVE into multiple exchanges, worth 25.5 million dollars; additionally, 56,150,000 WLD was deposited, worth 25.85 million dollars.

Aave stated that the tokenized stock market on Base has launched USDC incentives, which can reduce the cost of borrowing USDC collateralized by tokenized stocks.

Aave officials stated that the deposit scale of Aave V4 on Avalanche has exceeded 125 million dollars.

According to official news, Chainlink 24/7 has officially launched. This oracle solution can continuously provide market data for stocks, commodities, and other real-world assets during trading hours, on weekends, and during holidays.Chainlink stated that the previous 24/5 Streams covered the data gaps on weekdays, while 24/7 extends to weekends and market holidays.

Aave officially stated that, given that Threshold Network has proactively suspended tBTC minting and redemption services, the platform has restricted users from adding new deposits of tBTC and initiating new loans using tBTC as collateral.Aave emphasized that the protocol contracts remain unaffected, and users' existing positions remain unchanged, allowing them to continue repaying loans and withdrawing assets normally. Once Threshold completes its security maintenance, Aave will restore the related new deposit and loan functionalities.Previously, Threshold indicated that due to security maintenance, it has temporarily suspended new BTC deposits, tBTC minting, and new Bitcoin redemption requests through the Threshold application.

Aave published an update on the handling progress after the Binance incident, stating that all markets for Aave V3 and V4 have now been unfrozen. Previously, Aave froze the markets for precautionary purposes after the initial reports of the incident, suspending new deposits and loans, but withdrawals and repayments continued to function normally.Aave emphasized that its contracts were not affected by this incident, and positions have always maintained sufficient collateral.As a continued precautionary measure, the loan-to-value ratios (LTV) for USDT, USDC, USDT0, POL, WAVAX, sAVAX, XAUT, PAXG, and OP will temporarily remain at 0, so these assets cannot be used as collateral to support new loans for the time being.

Some users are concerned that the frozen protocol collateral might trigger a chain liquidation in DeFi. He Yi, co-founder of Binance, responded that the 60 million USDT collateralized in AAVE is not fully frozen at this time.He Yi stated that the hacker actually only took away approximately 46 million dollars' worth of ETH. After this portion of the assets is unfrozen through the law enforcement system, an additional recoverable asset of about 14 million dollars will be available.

According to on-chain analyst Ai Yi's monitoring, trader 58bro.eth (@0x58bro) has sold 8,000 ETH in the past hour. After redeeming over 17.96 million dollars' worth of ETH from Aave, he has deposited it in batches into OKX and has currently proposed to withdraw 10.5 million USDT to repay the loan.There are still 4,911.05 WETH staked in Aave and 2.51 million USDT borrowed, with a health factor of 3.69.

Bitcoin News posted on the X platform that the cryptocurrency exchange platform Kraken stated that users are experiencing issues connecting to the platform and submitting orders via the web, mobile, and API services.After the Aave market was paused, an analyst cited Kraken's alleged exposure of over 130 million dollars, speculating that it may face liquidity pressure. Currently, no liquidity crisis has been confirmed.

The Binance attacker has completed the sale of 7 tokens including UNI, ENA, PEPE, LINK, AAVE, ONDO, and WLD, exchanging a total of 70,480 ETH, worth approximately 158.25 million USD.Among them, 7.02 million UNI were sold, worth 39.63 million USD; 217.5 million ENA, worth 33.93 million USD; 7.77 trillion PEPE, worth 31.66 million USD; 2.57 million LINK, worth 26.05 million USD; 127,953 AAVE, worth 14.27 million USD; 21.85 million ONDO, worth 6.62 million USD; and 17.32 million WLD, worth 6.09 million USD.

During the attack on Binance, arbitrage opportunities appeared on-chain. A community user reviewed that the attacker, in order to avoid Tether's freeze, exchanged a large amount of USDT for ETH through DEX, causing the price of ETH on Uniswap to rise to between $2560 and $2750, with some transactions exceeding $3000, while the ETH price obtained through Chainlink oracles on Aave remained between $2250 and $2290, resulting in a price difference of 15% to 30% between on-chain and oracle prices, lasting nearly an hour.Arbitrageurs took advantage of this price difference by depositing USDC/USDT as collateral on Aave, borrowing ETH at the oracle price, and then selling it at a high price on DEX. After the price difference narrowed, they bought back ETH to repay the loan. According to the user's statistics, within 6 hours after the incident, a total of 61 addresses borrowed ETH on the Aave mainnet (excluding hacker addresses), with the address that profited the most selling 12,289 ETH at an average price of about $2580, and then buying back 12,314 ETH at an average price of about $2297, making a profit of about $3.47 million. The top ten arbitrage addresses collectively made a profit of about $6.36 million.The user stated that the arbitrageurs exploited the price disconnection between centralized exchanges and DEX, and there was no vulnerability in the Aave contract itself. As DEX prices fell and Aave froze the mainnet V3 market, the arbitrage window gradually closed. The aforementioned profits are based on on-chain statistics and have not yet deducted Gas fees.

An address related to the Binance hot wallet theft incident deposited approximately 60 million USDT into Aave and borrowed 19,762 ETH (about 44.7 million USD).Etherscan data shows that the address has been labeled as "Binance Hot Wallet Exploiter 3," and starting from October 30 at 04:57 Beijing time, it authorized and deposited USDT into Aave V3, subsequently borrowing approximately 19,762 ETH in two transactions, and has transferred a total of 23,314.5 ETH to another associated stolen address.

The decentralized lending protocol Aave stated in a social media post that it is aware of reports regarding Binance-associated wallets potentially being affected by the incident. Aave's contracts remain unaffected, and positions are still over-collateralized.As a precaution, all markets operated by the DAO in V3 and V4 have been frozen. This freeze suspends new deposits and loans, but users can still withdraw and repay their existing positions. Aave stated that it will continue to monitor the progress of the incident and restore normal operations as soon as possible.

Aave's official statement claims that it is aware of reports regarding potential incidents involving Binance-associated wallets. Aave's contracts remain unaffected, and positions are still over-collateralized; as a precaution, all markets of V3 and V4 operated by the DAO have been frozen.This freeze will suspend new deposits and loans, but users can still withdraw funds and repay existing positions. Previously, Binance reportedly experienced a large-scale abnormal outflow, with on-chain monitoring indicating the scale involved reached billions of dollars, and some stablecoins have been frozen by the issuer; CZ stated that the actual loss may slightly exceed 1 billion dollars and will be fully covered.