Aave’s new Monad market tops $100 million in deposits two days after launch
The Block·
60-second summary
Aave's new Monad market is exceeding expectations, topping $100 million in deposits just two days after launch, with users rapidly embracing this new decentralized finance (DeFi) offering. Concurrently, Aave's V4 deployment has surpassed $250 million in deposits, setting a new all-time high for this version of the protocol, fueling optimism in the DeFi sector.
Aave's V4 deployment also crossed $250 million in deposits on Saturday, a new all-time high for that version of the protocol.