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Aave hits $100M in Monad deposits within 48 hours of launch
Jul 5, 2026
< 1 min read
by Nellius Irene
for CryptoPolitan
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AI Overview
Aave’s V3 lending market on the Monad blockchain surpassed $100 million in total deposits within two days of going live on July 2, a milestone many DeFi projects spend months to reach. The rapid inflows highlight strong crypto demand and adoption for Aave’s protocol update on Monad and are likely bullish for DeFi activity and platform growth.
Bullish
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Aave’s lending market on Monad had already surpassed $100 million in total deposits in two days of launching on July 2. That’s a milestone some DeFi projects spend months trying to reach. The top DeFi lending protocol went live on Monad on Thursday with its V3 deployment. This launch marks the first time Aave’s lending,...
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