Aave is the first DeFi protocol to integrate Chainlink’s Smart Value Recapture (SVR), enabling the recapture of MEV from liquidation events

Quotes that support claims

The initial application of Payment Abstraction is with Chainlink Smart Value Recapture (SVR), where network fees generated from SVR, including Aave's usage, are converted into LINK. Aave, the first user of Chainlink SVR, benefits from a 6-month discounted 65/35 revenue split of the recaptured liquidation MEV, with 65% going to the Aave community and 35% to the Chainlink ecosystem.

The first use of Payment Abstraction is the conversion of the Chainlink Network portion of fees generated by Chainlink SVR. Aave recently integrated SVR into its Aave V3 deployment on Ethereum Mainnet, starting with the tBTC, LBTC, AAVE, and LINK markets through the SVR services for the AAVE/USD, BTC/USD, and LINK/USD.