Aave Launches on Sony’s Soneium, Expanding DeFi Reach to New Users

Aave has made its mark on the Soneium blockchain, becoming fully accessible through over 6 million wallet addresses registered on-chain. This integration marks a significant step for the DeFi protocol as it aims to attract new users within the consumer-focused layer 2 ecosystem. A key element of this integration is the participation in Soneium’s liquidity-focused campaigns, thanks to a $100 million ASTR allocation designed to stimulate adoption. Furthermore, the deployment will involve Aave’s decentralized stablecoin, GHO, which the Soneium team plans to explore for real-world applications in payments, savings, and digital commerce.