Aave V3 Deployment and Rapid Growth (Ongoing, Deposits Hit $2M by September 5)
Aave, a leading DeFi lending protocol, launched V3 on Aptos, its first non-EVM chain deployment, with smart contracts rewritten in Move for enhanced security.
It supports native USDC, USDT, APT, and sUSDe for borrowing/lending.
Just 15 days post-launch, deposits exceeded $2M, with TVL growth in liquid staking protocols like Amnis Finance ($151.3M, ranked #30 globally) and Thala Labs ($52M, #52). Echelon's TVL rose 11% weekly to top-2 status.

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