Aave Just Broke New Ground with Its First Non-EVM Launch on Aptos

Last Updated on August 22, 2025

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Aave logo displayed on a smartphone screen. Source: Rafael Henrique - stock.adobe.com

Key Takeaways:

  • Aave has launched on Aptos, supporting USDC, USDT, APT, and sUSDe, with incentives from the Aptos Foundation to drive adoption.
  • The stablecoin market cap on Aptos surged to $1.27 billion in 2025, doubling since the start of the year.
  • This expansion targets liquid staking token markets and strengthens Aave’s multi-chain DeFi presence.

Aave, one of the largest decentralized finance (DeFi) protocols with around $70 billion in total deposits, has officially launched on Aptos, a layer-1 blockchain developed by former Meta engineers.

The move expands Aave’s ecosystem into a relatively underdeveloped DeFi market and could significantly boost liquidity for stablecoins and liquid staking tokens (LSTs) within Aptos.

At launch, Aave will support four assets native to the network: USDC, USDT, Aptos (APT), and Ethena Staked USDe (sUSDe).

To drive adoption, the Aptos Foundation will provide liquidity incentives and user rewards.

This deployment comes as Aptos sees rapid growth in stablecoin usage, with its stablecoin market cap rising from $627.8 million at the start of 2025 to $1.27 billion in August.

By tapping into LSTs, which are gaining traction for their role in lending and trading, Aave aims to expand collateral options in DeFi.

Despite Aptos’ growing ecosystem, its total value locked (TVL) is only $857 million, with PancakeSwap being the only protocol above $1 billion.

The launch highlights Aave’s broader strategy to grow lending, borrowing, and savings in emerging markets amid evolving regulatory scrutiny.

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