• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • The Institutional Ark: Pre-TOKEN2049 (October 6, 2026)
    • Digital Assets Week in London (October 6-7, 2026)
    • 5th Fintech Week & Expo, Frankfurt (October 7-8, 2026)
    • TOKEN2049, Singapore (October 7-8, 2026)
    • Money20/20 USA, Las Vegas (October 18-21, 2026)
    • Digital Asset Forum, New York (November 13, 2026)
    • CryptoCon, Sydney (November 28–29, 2026)
    • iCrypto Awards: People’s Choice, Dubai (December, 2026)
    • Digital Asset Forum, London (February 1-2, 2027)
  • Past Events

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

Join us on Telegram: https://t.me/crypto_reporter
  • News
    • News Feed
    • Cryptocurrencies
      • Bitcoin
      • Altcoins
    • Payment solutions
    • Exchanges
      • Binance
      • bitFlyer
      • Bitfinex
      • CBOE
      • CME
      • Coinbase
      • Coincheck
      • Coinfloor
      • Nasdaq
      • Poloniex
    • Regulations
      • Australia
      • Belarus
      • China
      • Europe
      • India
      • Iran
      • Israel
      • Japan
      • North Korea
      • Philippines
      • Portugal
      • Russia
      • South Korea
      • Thailand
      • Turkey
      • Venezuela
      • Vietnam
      • United States
    • Blockchain platforms
    • Crypto news in brief
    • Stats & trends
    • Reviews
      • Ambrosus
      • ATN
      • Dash
      • Green Power Exchange
      • Power Ledger
      • ShapeShift
      • Waltonchain
      • Cryptocurrency market capitalization can top 4 trillion USD, under conservative estimates
    • Opinion
    • Sponsored
  • Press Releases

Aave Launches on Soneium by Sony Block Solutions Labs, Expanding DeFi Access via a Fast-Growing Ethereum Layer 2

June 11, 2025 By Crypto Reporter PR

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.

Website | X | Discord | Telegram

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.

Filed Under: Press Releases

Primary Sidebar

Press Releases

ProphetX Partners with Plaee to Increase Scale and Speed of Operator Onboarding to its Regulated Prediction Market

October 2, 2026

NEXUS Signs Strategic MOU with Global Stablecoin Finance Platform Fasset

October 2, 2026

Four Pillars Joins SphereNet as a Validator Partner

October 1, 2026

Metaplex Launches MPL-3643 Standard for Permissioned Real-World Assets and Tokenized Securities on Solana

October 1, 2026

How to Copy Trade Without Copying the Whale’s Size: Banana Gun’s Buy Fixed Setting Explained

September 30, 2026

Follow Us

The Institutional Ark

5th Fintech Week & Expo 2026

Money20/20 USA

TOKEN2049 Singapore

iCrypto Awards

Footer

Crypto Reporter is an online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2026 Crypto Reporter