Equities rallied on November 20, 2025, with the Nasdaq climbing 2.15% and the S&P 500 rising 1.39%, driven by Nvidia's robust earnings and a $65 billion Q4 revenue forecast. In contrast, Bitcoin fell 1.66%, impacting the broader cryptocurrency market. Aave introduced its new Aave App and v4, reporting a 2.6x year-over-year increase in total value locked (TVL) to $53.8 billion. The app offers up to 6.5% interest on USD deposits, backed by Relm Insurance, though specific policy details are not disclosed. Meanwhile, Solana's equity-perp ecosystem is trailing behind Hyperliquid's HIP-3 flywheel, despite tokenized stocks amassing $143 million in assets under management.