Aave to Launch on Mantle

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On Tuesday, Aave Labs announced via X that Aave is launching on Mantle, thanks to its partnership with Bybit. Mantle is a low-cost, EVM-compatible L2 and high-performance distribution layer built for institutional-grade applications and real-world assets.

Aave protocol is a decentralized, open-source, and non-custodial money market protocol. Depositors earn interest by providing liquidity to lending pools, while borrowers can obtain overcollateralized loans by using the liquidity from these pools. AAVE is trading at $193.45 per token, up 14% in the last 24 hours.

AAVE-1.85%
ON-0.18%
MNT-1.34%
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