Ripple proposes XRPL lending protocol to rival Aave
The proposal splits credit decisions (off-chain, with human underwriters) from loan mechanics (on-chain, fixed at the base layer), betting that predictable, governance-free rules are what…
On-chain lending and borrowing — borrow rates, liquidations, governance, and collateralized debt activity.
The proposal splits credit decisions (off-chain, with human underwriters) from loan mechanics (on-chain, fixed at the base layer), betting that predictable, governance-free rules are what…
If V4 ships what its execs are describing, the RWA onchain lending TAM stops being a slide-deck talking point and starts competing with traditional prime brokers for fee revenue.
The test is whether a bankruptcy-remote SPV, qualified custody, and first-loss retention can give institutional capital a reason to underwrite crypto-collateralized loans at scale.
Three straight quarters of decline have now wiped out 56% of liquid staking's peak capital, signaling a deeper DeFi liquidity drain rather than a routine cooldown.
Eleven of the index's 20 constituents traded green in the latest session, with AAVE and SOL setting the pace while ETH and NEAR lagged.
As of 09:00 UTC on 27 Jun, CoinGecko's top-100 delivered a sharp internal contradiction: DeFi lending blue-chip AAVE…
Payward (Kraken's parent) is reportedly circling a 15% stake at a $385M valuation. Kulechov's rejection reframes the fight: Aave's founder wants M&A offers benchmarked to AAVE's FDV, not its…
Kraken's parent Payward would pay 35,000 ETH for 250,000 AAVE and a common equity stake, the first deal in a planned push into active DeFi investing ahead of its widely anticipated IPO.
The structure is a revolving USDC line that lives entirely onchain, with Maple's lenders backing the credit and Kraken routing OTC borrowers into it.
A $3,500 target by 2030 puts the bank in the bullish corner of DeFi, but the real driver is a $2.7T thesis that tokenized RWAs and stablecoins rewire credit markets.
Geoff Kendrick's call implies roughly 50x from current levels and rests on tokenized assets active in DeFi growing 37-fold by decade-end, with Aave capturing the lending side of that flow.
Aave is bank-sized, but $2.9T in US corporate loans is the addressable market DeFi still can't underwrite without Goldfinch-style blowups.
Prime never scaled beyond a narrow credit book, and the vote reflects a DeFi credit market that has thinned out rather than expanded since the 2021–2022 on-chain lending boom.
Aave Horizon is now the first institutional lending venue for a single-strategy token tracking Fasanara's alternative debt book, a real test of whether DeFi credit markets can intermediate…
Tokenized equities are landing in DeFi collateral vaults faster than the legal mechanics can catch up, and the SEC's crypto lead just drew a line: the wrapper doesn't change what the asset is.
Digital assets are trying to decouple from a heavy US data week as the BOJ's 1.0% move, a freshly restructured FOMC framework, and a $126M unlock slate compete for trader attention.
The 30% exposure of AlphaUSDC Delta V2 to the frozen market turns a single collateral venue's liquidity crisis into a broader DeFi contagion test, with $8M in USDC already deployed and a…
Aave still holds 46.5% of the $20.4B outstanding — but the sector has shed $14.9B in active loans since January as leverage drains out of the largest protocols.
STRC and SATA sold off as leverage liquidations cascaded, and the CEO's own framing — not the dollar move — is the signal that investors should sit with.
The intraday cascade in both preferreds looked like a solvency event, but Cole frames it as forced selling from leveraged holders — and credits strong intraday buying at the lows for the recovery.