Defi
Aave Labs Acquires Avon Team to Add Fixed-Rate Lending to AAVE's $30B Deposits
COINOTAG·November 8, 2026·1 min read
Aave Labs acquired the team and technology of on-chain lender Avon to introduce fixed-rate lending on Aave, which currently holds over $30 billion in deposits. This move aims to expand Aave's product offerings beyond variable rates, potentially attracting borrowers seeking predictable interest costs.
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