Why not launch V4 if the plan is to migrate anyway and it is supposed to be way better version anyway?
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Buy and sell AAVE easily and securely on BitMart.Aave X Insight
12 assets, $GHO from day one, and a $15M incentive package from the Monad Foundation.
TokenLogic has submitted an ARFC to deploy Aave on @monad.
Breakdown below ↓ 🧵 https://t.co/y6v4shh9r9
Only 27 lending protocols have generated more than $1M in revenue over the last 365 days
❗️Update
Aave V3 - $125.2M
Kamino Lend - $13.9M
Maple - $12.2M
NAVI Lending - $11.8M
Fluid Lending - $8.0M
Suilend - $5.1M
SparkLend - $4.7M
Euler V2 - $4.0M
Venus Core Pool - $3.8M
USD AI - $3.6M
Resupply - $2.7M
Echelon Market - $2.5M
Compound V2 - $2.4M
Moonwell Lending =$2.1M
YeiLend - $2.0M
Dolomite - $2.0M
Silo V2 - $1.9M
HyperLend Pooled - $1.6M
AlphaLend - $1.4M
Scallop Lend - $1.4M
Aave V2 - $1.2M
Neverland - $1.2M
Save - $1.2M
Rhea Lend - $1.1M
Jupiter Lend - $1.1M
Lista Lending - $1.1M
Benqi Lending - $1.1M
Source Defillama
Only 14 lending protocols have generated more than $1M in revenue over the last 365 days
@aave - $137.8M
@sparkdotfi - $102.7M
@maplefinance - $13.6M
@0xfluid - $12.5M
@VenusProtocol - $11.6M
@eulerfinance - $9.2M
Cash - $7.7M
@Compound_xyz - $4.8M
@SiloFinance - $2.8M
@MoonwellDeFi - $2.3M
@Dolomite_io - $2.0M
@BendDAO - $1.1M
@BenqiFinance - $1.0M
@jup_lend - $1.0M
The receivables financing market is $700B globally, growing ~10% annually.
@aave is arguably the best-positioned DeFi protocol to onboard this sector, given its liquidity depth, permissioned pool architecture built for institutional counterparties, and its status as the #1 DeFi lending platform.
The hard part isn't tokenization. It's continuous verification that obligor, aging, and concentration data hasn't been cherry-picked post-origination without exposing the underlying dataset publicly.
Originators won't put sensitive portfolio data on a public ledger but, without proper verification, DeFi lending on receivables is just TradFi credit risk with worse recourse.
That's verifiable computation over private data. That's what @HyveXYZ is building.
It’s been a little less than a month since my official start at @aave. A few quick observations:
1. DeFi is the use case for blockchains and is much more welcomed among institutions and fintechs than I even expected.
2. QC backed lending will provide the next growth spurt for DeFi lending - Aave will win here.
3. The old game that chains played for logo slapping is now happening to DeFi protocols. Astute players will price deals wisely and have a way to monetize or just watch their token go into oblivion. Lot of smoke and mirrors here.
4. Receivables financing is a tangible use case for DeFi to step in, really helps if the player is willing to put the full dataset on chain
5. DeFi lending will essentially redefine how prime brokerage works ($25B revenue industry)
6. Aave has work to do on BD side. It’s getting fixed and will be a sight to see.
7. @StaniKulechov is actually a beast - impressive ability to grind.
