EtherFi wants a whitelabeled Aave V4 instance on OP Mainnet, fully managed by them, to back their Visa card. Aave gets 20% revenue, no day-to-day risk. Interesting split
Source: https://t.co/teetb2YCCK
BREAKING: Uniswap is live on Robinhood Chain as its primary public AMM from day one.
Users can now swap and provide liquidity on Robinhood’s RWA-focused L2.
Fable 5 totally crushed our new contest, but it cost 6x more than Opus 4.8!
We gave 4 models the same prompt: build three self-contained HTML5 canvas scenes with real physics demos
Prompts:
— A train derailing off a broken bridge into the water
— Two cars jumping off ramps and colliding mid-air over a canyon
— A monster truck crushing a row of parked cars
Outputs:
Fable 5: 62,158 tokens, $3.12
GPT 5.5: 37,753 tokens, $1.14
Opus 4.8: 22,280 tokens, $0.56
GLM 5.2: 36,246 tokens, $0.08
Fable 5 did all three scenes at A+. The crashes looked real, things fell and broke the right way, and nothing went through the ground or floated. GPT 5.5 was the closest to Fable. In the Bigfoot show, we think GPT was even a little better. GLM 5.2 did not win any scene, but it was the cheapest by far. Fable is the best pick for quality, but you pay more for it.
Lots of discussions around Aave so I want to clarify a few things:
• First off, there is NO WAY we’d sell AAVE at a 70% discount lol.
• 100% of Aave Protocol and GHO revenue goes to the $AAVE token. This was established in the Aave Will Win proposal.
• AWW also applies to all product revenue, including the Aave App, Aave Pro, and Swaps.
• No protocol or product revenue goes to Aave Labs, which is a service provider to the DAO responsible for building and growing Aave.
• Aave Labs owns an allocation of AAVE that multiple market participants have discussed purchasing, directly or indirectly, through deeper long-term partnerships. The article’s framing is inaccurate.
• Aave is currently generating $134M in annualized revenue, which goes to the Aave DAO.
• As defined in AWW, all intellectual property, including the Aave brand and any software built for Aave, belongs to $AAVE.
• We haven’t shared much on this yet, but the Aave team is designing Aavenomics 3.0, which includes a new automated and non-discretionary buyback mechanism. More on this later.
• Aave is building not only for the crypto TAM, but for the entire finance asset TAM, including RWAs.
• Everyone at Aave Labs and Aave DAO works for $AAVE.
We’ll be hosting our quarterly call in the next couple of weeks. Join us if you want to catch up on what we’ve been working on and get some cool updates on the Aave roadmap.
@AggrNews Guys. Read the article. They are obviously not buying 15% of the $AAVE token supply at 350m FDV.... it's 15% equity stake in Labs + 250,000 $AAVE.
🚨STANDARD CHARTERED: AAVE TO $3,500 BY 2030!
The bank has initiated coverage on the DeFi lending leader with a bold long-term target, implying ~50x upside from current levels.
Standard Chartered sees DeFi lending entering its next major growth phase, driven by rising tokenized asset adoption and on-chain finance expansion.
Aave is flagged as a prime beneficiary.
1/ Grayscale Research believes the $AAVE token fair value could rise to ~$175 in one year and is currently undervalued at $75
Top 30 crypto assets age is ~8 years - compare that to the 100+ year average for the constituents currently in the Dow
We're still early
🧵⬇️
Aave: ~$950M annualized fees, ~$950M market cap → 1x P/S.
Morpho: ~$200M fees, $0 returned to holders, $1.27B market cap → 6x+ P/S.
Aave V4 just copied Morpho’s model. If buybacks start, the re-rating potential on @aave is significant. The market is currently pricing hope over actual revenue.