Aave executive Luigi D'Onorio DeMeo confirmed on November 6, 2026 that the joining Avon team members will work on developing onchain credit for Aave V4

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Aave Labs acquired Avon's technology to add fixed-rate lending capabilities to the Aave network, offering borrowers defined interest rate terms

Avon founder Prince Sinha and Ayush Kaul joined the Aave Labs engineering team following Aave Labs' acquisition of Avon's team and technology on November 6, 2026

Aave Labs acquired the team, protocols, onchain order book, domains, and related assets of fixed-rate lending developer Avon, announced on November 6, 2026

The financial terms of Aave Labs' acquisition of Avon's team and technology, announced on November 6, 2026, were not disclosed

Aave Labs had not set a launch date or identified a first market for its planned fixed-rate lending products as of November 6, 2026

Avon developed fixed- and floating-rate lending markets, an onchain order book, interest-rate pricing models, and risk isolation mechanisms for decentralized credit

Aave Labs said in its acquisition announcement that the Aave protocol held over $30 billion in deposits and over $12 billion in active loans at the time of the November 6, 2026 Avon acquisition announcement

Omar el-Ashaal joined Aave Labs as a business development associate following the November 6, 2026 acquisition of Avon

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Coinbase announced that eligible US users can borrow USDC against PAX Gold (PAXG), a tokenized gold asset issued by Paxos, through the Morpho protocol on the Base blockchain

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Aave Labs acquired the team and technology behind Avon Tech, which runs fixed- and floating-rate lending protocols, to add fixed-rate lending to Aave's onchain lending network

New Market Trading CEO Frank Hepworth stated that bitcoin lending yields of 1% to 4% fail to justify derivative, counterparty, and smart contract risks.

Morpho lending vaults integrate real-world asset collateral, including a Sentora-curated vault that offers PYUSD loans against Figure's PRIME home-equity token.

Crypto investment firm 1kx identified tokenized real-world assets, particularly U.S. Treasuries and private credit, as an emerging battleground for lending protocols Aave and Morpho.

An October 31, 2026 API snapshot showed 6.3 percent of Jupiter Lend's 441 million USDC in vault deposit claims was immediately withdrawable.

A Jupiter Lend API snapshot at 7:14 a.m. ET on October 30, 2026, showed 418.5 million USDC in Earn deposit claims against an immediately withdrawable balance of 3.35 USDC.

Aave's frozen Ethereum Core reserve holds about $136.3 million of tBTC.

Jupiter Lend, developed with Fluid, deploys Earn deposits into active loans to supply its Borrow and Multiply features, exposing capital to redemption delays during market panics.

Binance estimated a cyber intrusion at approximately $6.3 billion on October 30, 2026, triggering market volatility that increased redemption pressures on Jupiter Lend.

Bitquery reported that Jupiter Lend's available USDC withdrawal balance dropped to $88.89 at 16:18 UTC on October 30, 2026, against $416 million owed to depositors.

At 09:25:56 UTC on October 31, 2026, Jupiter Lend's API listed 221 million USDC under `withdrawableUntilLimit` alongside 29 million USDC in actual `withdrawable` funds.