Aave (AAVE)

This is a very neat milestone for Aave V4. Moving towards $100m in active loans.

Next we will share more audits, formal verifications, AI-assisted security reviews on Aave V4 to the public and also new spokes developed by third parties.

The securities lending market is worth around $4.6T, and @aave is now going after that market through tokenized stocks.

That sounds kind of wild at first, but the idea is pretty simple.

@StaniKulechov said Aave V4 will let users deposit tokenized equities like AAPL and TSLA as collateral or lending assets.

Instead of that lending yield being mostly captured by brokers and intermediaries, some of it could move onchain and flow through protocols like Aave.

The global securities lending market reportedly generates around $35B annually, and Aave is plugging DeFi lending into a real TradFi market that already exists and already moves serious money.

If this works, Aave starts to look more like infrastructure for real-world finance moving onchain.

That's the part worth paying attention to imo.
S/o to @Eli5defi for the image.