Lending protocol Aave has launched on the Aptos blockchain, marking its first deployment on a non-EVM blockchain. This strategic move is part of Aave's multi-chain expansion, initially supporting assets such as native USDC, USDT, APT, and sUSDe. The Aptos Foundation will offer user rewards and liquidity incentives to encourage adoption, while Chainlink price oracles will be integrated to maintain market security.
Aptos, a Proof-of-Stake Layer 1 network, is built on the Move language and focuses on low-latency determinism and high throughput, aiming to attract more developers to its platform.
Aave Launches on Non-EVM Blockchain Aptos
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