Aave Expands Beyond EVM With Aptos Launch

Aave, DeFi’s largest lending platform, launched on Aptos this week, marking its first-ever deployment on a non-EVM blockchain and furthering its multichain strategy.
What’s the Scoop?
- Assets at launch: Aave on Aptos supports USDC, USDT, APT, and sUSDe, with liquidity incentives and user rewards funded by the Aptos Foundation.
- Why Aptos: Aptos runs on the Move language, designed for low-latency, high-throughput applications. Aave Labs re-built its V3 protocol in Move, adding a new front-end and SDK.
- Market potential: Aptos has about $1.3B in stablecoins, mostly USDT. Only 8.1% of APT is in liquid staking tokens versus 76% staked directly, leaving plenty of room for a collateral infusion.
Bankless Take:
The exact motivation behind Aave's deployment to Aptos is unclear, but the move presents clear opportunities and challenges for DeFi's leading lending platform. One one hand, Aave can now redeploy to other Move chains, like Sui. On the other, rewritten smart contracts on new chains could create new exploit vectors.
Aave is live on @aptos. pic.twitter.com/azgKS0JKFc
— Aave (@aave) August 21, 2025