# Lending Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Lending", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Grayscale files spot AAVE ETF – Sparks institutional shift narrative

In February 2026, Grayscale filed with the SEC to convert its Grayscale Aave Trust into a spot AAVE ETF, proposing a 2.5% sponsor fee and listing on NYSE Arca with Coinbase as custodian. This move signaled growing institutional interest in AAVE, despite uncertain approval. Concurrently, AAVE showed strong market recovery: its price rebounded over 22% to around $128, Open Interest doubled to $237M, and weekly active addresses returned to late-2024 levels. The token reclaimed its ascending support, with key resistance between $148–$180. A sustained break above could open further institutional doors, aligning AAVE closer to Ethereum and Bitcoin in market attention.

ambcrypto1h ago

Grayscale files spot AAVE ETF – Sparks institutional shift narrative

ambcrypto1h ago

Grayscale Files to List Aave ETF on NYSE Arca

Grayscale has filed with the SEC to convert its Aave Trust into an ETF, to be listed on NYSE Arca under the ticker "GAVE." The proposed fund would hold AAVE tokens directly and charge a 2.5% sponsor fee. This move signals continued institutional interest in altcoins and decentralized finance, despite recent market volatility. Aave is the largest decentralized lending protocol by total value locked, with over $27 billion across multiple blockchains. Grayscale joins Bitwise, which filed for a similar Aave ETF in December, in seeking regulatory approval. If approved, this would be one of the first U.S.-listed ETFs offering direct exposure to Aave, expanding access for investors preferring regulated products.

TheNewsCrypto3h ago

Grayscale Files to List Aave ETF on NYSE Arca

TheNewsCrypto3h ago

Aave Founder: What is the Secret of the DeFi Lending Market?

On-chain lending, which started as an experimental concept around 2017, has grown into a market exceeding $100 billion, primarily driven by stablecoin borrowing backed by crypto-native collateral. It enables liquidity release, leveraged positions, and yield arbitrage. The key advantage lies not in creativity but in validation through real demand and product-market fit. A major strength of on-chain lending is its significantly lower cost—around 5% for stablecoin loans compared to 7–12% plus fees in centralized crypto lending. This efficiency stems from capital aggregation in open, permissionless systems where transparency, composability, and automation foster competition. Capital moves faster, inefficiencies are exposed, and innovation spreads rapidly without traditional overhead. The system’s resilience is evident during bear markets, where capital continuously reprices itself in a transparent environment. The current limitation is not a lack of capital but a shortage of diverse, productive collateral. The future involves integrating crypto-native assets with tokenized real-world value to expand lending’s reach and efficiency. Traditional lending remains expensive due to structural inefficiencies: bloated origination, misaligned incentives, manual servicing, and defective risk feedback mechanisms. Decentralized finance solves this by breaking cost structures through full automation, transparency, and software-native processes. When on-chain lending becomes end-to-end cheaper than traditional systems, adoption will follow inevitably, empowering broader access to efficient capital deployment.

marsbit5h ago

Aave Founder: What is the Secret of the DeFi Lending Market?

marsbit5h ago

Apollo’s $90 mln plan – Enough to erase MORPHO’s 40% Q4 slide?

Morpho, a DeFi lending protocol, has announced a deal with asset manager Apollo to acquire 90 million MORPHO tokens over the next two years, valued at approximately $115.2 million at current prices. The announcement received mixed reactions: some view it as a bullish institutional move, while others, like Arca's CIO Jeff Dorman, caution that the deal's vague language may not indicate an actual token purchase. Despite this, the market responded positively, with MORPHO's price rising 12% in 24 hours and 24% overall in its recent recovery. Key metrics show flat exchange supply, suggesting reduced selling pressure, and increased whale interest. If spot market momentum continues, the token could target $1.4 or even $2, potentially erasing its 40% Q4 2025 decline.

ambcryptoYesterday 08:02

Apollo’s $90 mln plan – Enough to erase MORPHO’s 40% Q4 slide?

ambcryptoYesterday 08:02

AAVE gains 12% as TVL adds $589M – Yet KEY metric signals caution!

AAVE's native token surged 12% in 24 hours, driven by the newly proposed "Aave Will Win" Framework aimed at strengthening its DAO by redirecting 100% of product and protocol revenue to the treasury. This initiative, supported by the community, is projected to generate between $118M and $426M annually. On-chain metrics show strong accumulation and liquidity, with TVL increasing by $589M to $27.8B. However, a 23% decline in daily trading volume suggests potential weakening momentum, indicating the rally may lack broad market conviction despite improved fundamentals.

ambcryptoYesterday 16:32

AAVE gains 12% as TVL adds $589M – Yet KEY metric signals caution!

ambcryptoYesterday 16:32

Grayscale Moves to Convert AAVE Trust Into ETF

Grayscale has filed with the SEC to convert its AAVE Trust into a spot ETF to be listed on NYSE Arca, continuing its strategy of bringing crypto products into regulated structures. The Aave protocol is a leading DeFi lending platform, and its native token, AAVE, has a market cap of around $1.8 billion. This move reflects growing institutional interest in DeFi. If approved, the ETF would charge a 2.5% sponsor fee and use Coinbase for custody, allowing traditional investors to gain exposure to AAVE without directly managing tokens. Grayscale's effort follows its successful conversion of its Bitcoin Trust into an ETF, though Bitwise also filed for similar AAVE-related products in December.

TheNewsCrypto2 days ago 06:42

Grayscale Moves to Convert AAVE Trust Into ETF

TheNewsCrypto2 days ago 06:42

Aave Founder Reveals: Why is Lending the Core of Financial Empowerment?

Chain-based lending, which began as an experimental concept around 2017, has grown into a market exceeding $100 billion, primarily driven by stablecoin borrowing secured by crypto-native collateral like Ethereum and Bitcoin. This system enables liquidity release, leveraged strategies, and yield arbitrage. Its success validates the real demand and product-market fit of automated, smart contract-based lending even before institutional adoption. A key advantage of on-chain lending is its significantly lower cost—around 5% for stablecoin loans compared to 7–12% in centralized crypto lending—due to the elimination of financial inefficiencies, intermediaries, and layered fees. This cost reduction stems from open capital aggregation, transparency, composability, and automation, which foster competition and real-time pricing. Innovations like Ethena’s USDe or Pendle integrate seamlessly, expanding the ecosystem without traditional overhead. The evolution follows a pattern seen in major disruptions: serving niche users first, competing on price before quality, and scaling rapidly. While current on-chain lending often recycles existing collateral for similar strategies, future growth depends on incorporating real-world economic value and tokenized assets, not just replicating traditional finance. Traditional lending remains expensive due to inefficiencies in origination, risk assessment, and servicing, misaligned incentives, and regulatory constraints. On-chain lending disrupts this by replacing processes with automation, discretion with transparency, and reconciliation with determinism. When fully software-native, it will offer a cheaper, faster backend for global borrowers, empowering broader access to capital and fostering new opportunities.

比推02/10 07:24

Aave Founder Reveals: Why is Lending the Core of Financial Empowerment?

比推02/10 07:24

Is SyrupUSDC’s expansion a sign of DeFi’s credit market evolution?

SyrupUSDC's expansion on Base, following its Aave V3 integration, signifies a major evolution in DeFi's credit markets. This move channels institutional credit yields on-chain through a tokenized instrument. The response was immediate, with a $50M deposit cap filling rapidly, and cross-chain inflows surpassing $750 million within six months. The model leverages Maple's institutional loans to generate 5-9% yields, which are then composable within Aave for borrowing and yield looping. While a surge in transfer volume on Base indicated strong activity, a significant portion was driven by internal liquidity recycling rather than new payments. This progression highlights the growing convergence of institutional finance and DeFi, strengthening Base's role as a key hub for tokenized credit.

ambcrypto02/10 05:02

Is SyrupUSDC’s expansion a sign of DeFi’s credit market evolution?

ambcrypto02/10 05:02

Aave Founder: What is the Secret of the DeFi Lending Market?

Chain-based lending, which began as an experimental concept around 2017, has evolved into a market exceeding $100 billion, primarily driven by stablecoin borrowing backed by crypto-native collateral like Ethereum and Bitcoin. This system enables liquidity release, leveraged strategies, and yield arbitrage. The key advantage of on-chain lending lies not in technological novelty but in its elimination of financial inefficiencies, offering lower costs (around 5% for stablecoins) compared to centralized crypto lenders (7-12%) due to open capital aggregation, transparency, and automation. On-chain lending is structurally due to permissionless markets that excel in capital pooling and risk pricing, fostering competition and innovation without intermediaries. This model reduces operational costs, replacing manual processes with code, and benefits both capital providers and borrowers. However, the current limitation is not a lack of capital but a shortage of diverse, borrowable collateral. The future of on-chain lending depends on integrating real-world economic value with crypto-native assets, moving beyond abstract financial strategies to serve broader adoption. Traditional lending remains expensive due to inefficiencies in loan origination, risk assessment, and servicing, where misaligned incentives and manual processes inflate costs. Decentralized finance can disrupt this by automating end-to-end operations, ensuring transparency, and reducing expenses. When on-chain lending becomes significantly cheaper and more efficient than traditional systems, widespread adoption will follow, empowering borrowers with faster, more accessible capital. Aave exemplifies this shift, positioning itself as a foundational layer for a new financial backend.

marsbit02/10 02:17

Aave Founder: What is the Secret of the DeFi Lending Market?

marsbit02/10 02:17

When On-Chain Lending Systems Converge

Credit is the time machine of the economy, enabling businesses to bring future cash flows into today's decisions. The global credit gap for SMEs in emerging markets is estimated at $5.7 trillion. Recent developments in on-chain lending, such as Kraken's DeFi Earn and Bitwise's vault strategies on Morpho, signal a maturation beyond the speculative cycles of 2022. The ecosystem now integrates vaults for self-custody and transparency, automated risk management by firms like Chaos Labs, and AI-driven optimization engines. Total value locked in lending protocols has grown 150% in two years, with active loans exceeding $40 billion—double the 2022 peak. This evolution reduces operational inefficiencies, lowers credit costs via stablecoins and smart contracts, and enhances accessibility, potentially helping bridge the global credit gap. However, risks like liquidity constraints and curator discretion remain.

marsbit02/10 01:35

When On-Chain Lending Systems Converge

marsbit02/10 01:35

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