Aave, a major decentralized finance (DeFi) protocol, has expanded its services to the Aptos network. This move marks Aave's first venture outside of Ethereum-compatible networks. The protocol was rewritten in the Move programming language to make this possible, giving Aptos users access to Aave's markets.
To encourage adoption, the Aptos Foundation is providing liquidity rewards for users. The new market saw rapid demand, with initial supply limits for assets being met in under 24 hours. In response, the protocol's governance increased the supply limits to $1 million per asset.
This expansion also continues the collaboration between Aave and Chainlink, using Chainlink's price-feed oracles to secure collateral on the new network. This launch highlights Aave's strategy to grow beyond the Ethereum ecosystem and Aptos's effort to attract leading DeFi applications to its network.
August 2025, Cryptoniteuae