Aave’s Lending Markets Go Live on Sonic

Aave has deployed its lending markets on Sonic.

Background

• The integration with Sonic marks Aave’s first layer-1 [L1] expansion in 2025
• The decision to deploy Aave v3 on Sonic came after a governance proposal was green-flagged in a voting round

Why should you pay attention?

• The latest move is supported by liquidity commitments  
• This includes a $15 million in funding from the Sonic Foundation, around 50 million Sonic-native S tokens, and $800,000 in stablecoins from Aave and migration incentives
• According to on-chain data, Aave already dominates the lending sector on Arbitrum by 85%
• It is also a top lending project on Base by a $100 million+ margin
• Given the dominance exerted on other home-base chains, Aave can soon be expected to establish a niche for itself in Sonic’s already flourishing ecosystem

Who said what?

• The Aave team emphasized,

“Users can now borrow, supply, and earn incentives”

• Stani Kulechov, founder of Aave Labs, said,

“Sonic’s focus on its innovative revenue-sharing model and team expertise creates a compelling opportunity for Aave to expand its reach and participate in a growing, community-oriented DeFi ecosystem”

Zooming out

• With an aggregate TVL of around $18 billion, Aave operates on several chains including Avalanche, Arbitrum, BNB Chain, Base, Optimism, Gnosis, Polygon, Metis, and Scroll

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• Everything You Need To Know About the Sonic Launch
• Sonic: The New Hub of DeFAI?
• Sonic Mainnet Goes Live
• What Is The Fantom Crypto Sonic Upgrade?
• How to Bridge Assets from Ethereum to Sonic?
• Sonic Launch EXCLUSIVE Interview With Andre Cronje and Michael Kong
• How To Migrate Fantom [FTM] to Sonic [S]?