Aave, the leading decentralized finance (DeFi) liquidity protocol, has successfully deployed on Soneium, a new Ethereum Layer 2 developed by Sony Block Solutions Labs, a joint venture between Sony Group and Startale Group.
This marks a strategic expansion for Aave into a consumer-focused L2 purpose-built for real-world applications and adoption. Soneium has recorded over 133M+ on-chain transactions and 6.6M+unique wallet addresses, signaling strong early engagement.
“Aave wants to be where consumers are, in trusted, accessible environments,” said Aave Labs Founder Stani Kulechov. “Sony’s global reputation and Soneium’s focus on consumer-facing applications make this a unique opportunity for Aave to reach new mainstream users.”
“We believe that DeFi is essential to the future of Web3 adoption,” said Jun Watanabe, Chairman of Sony Block Solutions Labs. “The deployment of Aave on Soneium is an important step in our vision to transcend boundaries, spanning creativity, DeFi, and beyond. More direct-to-consumer DeFi products will be made available on Soneium through this integration as we expand globally.”
This deployment strengthens Aave’s multichain presence and reinforces its role as foundational infrastructure for the next generation of finance, now extended to a new class of users through Soneium’s global reach. It follows the passage of a community governance proposal and launches with support for USDT0, USDC.e, and WETH, each configured with risk parameters tailored for capital efficiency, user safety, and protocol performance.
Aave will also participate in upcoming ecosystem-wide liquidity incentive campaigns that is Astar Contribution Score, including a 100 million ASTR allocation (currently valued at $4M) to bootstrap adoption. Additional integration of GHO, Aave’s decentralized overcollateralized stablecoin, is being explored for real-world use cases in payments, savings, and digital commerce.
Soneium is developing a consumer-facing Web3 stack spanning DeFi, gaming, NFTs, RWAs, and media. Its ecosystem already includes Uniswap v4, Velodrome, Stargate, Lido, and native protocols like Kyo Finance and SuperVol.
About the Aave Protocol
Aave is the leading decentralized, non-custodial liquidity protocol, enabling users to deposit assets to earn passive income or borrow a wide range of digital assets without third-party intermediaries. Its core features include risk management tools such as supply and borrow caps, and flash loans that allow users to borrow and repay assets within a single blockchain transaction. GHO, a decentralized and overcollateralized stablecoin, is native to the Aave Protocol. The protocol is fully governed by the Aave Decentralized Autonomous Organization (DAO). Learn more or participate in governance at https://governance.aave.com.
About Soneium
Soneium, an Ethereum layer-2 developed by Sony Block Solutions Labs, is a versatile general-purpose blockchain platform that aims to evoke emotion, empower creativity, and realize the open internet that transcends boundaries. By transcending cultural differences and bringing together people with diverse values, Soneium reimagines how we interact with the internet, opening up a world of innovative applications that fill the world with emotion.
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About Sony Block Solutions Labs
A joint venture with Sony Group Corporation and Startale Labs Pte. Ltd. established to build a new network infrastructure using blockchain technology. The company announced the planning and development of blockchain in September 2023, and in August 2024, the company name was changed from Sony Network Communications Labs Pte. Ltd.