Aave V3 is now live on Sonic, a rapidly growing, high-performance Layer 1 blockchain from the creators of Fantom

This is Aave's first L1 deployment of 2025. This deployment marks a step in Aave's journey of expanding its reach across emerging blockchains and driving growth for the Aave ecosystem.

Aave V3 has now launched on Sonic, a rapidly growing, high-performance Layer 1 blockchain from the creators of Fantom. This is Aave’s first L1 deployment of 2025.

This deployment marks a step in Aave’s journey of expanding its reach across emerging blockchains and driving growth for the Aave ecosystem.

Sonic went live in December 2024 and has rapidly grown to over $676M TVL. Sonic’s impressive throughput (10,000 tps at sub-second finality) and innovative revenue-sharing model for application builders create a compelling new environment for Aave, bringing its robust DeFi capabilities to Sonic users. Sonic’s unique monetization model allows decentralized protocols like Aave to earn a share of the transaction fees generated by user activity. This creates a powerful alignment of incentives, directly rewarding Aave for driving usage on the Sonic platform and fostering a mutually beneficial partnership. In traditional blockchains, these fees go generally to validators.

“The successful deployment of Aave V3 on Sonic is a significant milestone for the Aave community,” said Stani Kulechov, founder of Aave Labs. “Sonic’s focus on its innovative revenue-sharing model and team expertise create a compelling opportunity for Aave to expand its reach and participate in a growing, community-oriented DeFi ecosystem.”

“Bringing Aave V3 to Sonic empowers our users with access to the leading DeFi platform, delivering deep liquidity and a proven track record to our ecosystem,” said Michael Kong, CEO of Sonic Labs. “This partnership will amplify Sonic’s DeFi offering, attracting new users and developers, and further solidifying our position as a leading hub of decentralized applications.”

This deployment follows a successful governance proposal introduced by ACI, which engaged the community and ultimately secured approval from the Aave DAO. Aave and the Sonic Foundation have contributed significant resources to support the V3 deployment, which includes:Activating core Aave V3 markets and liquidity programsLaunching programs to attract new users and developers to the Sonic ecosystemJoint marketing initiatives to amplify the partnership in the DeFi spaceThis partnership marks a natural progression in Aave’s strategy to expand to new and emerging chains, fostering greater interoperability and participation within the DeFi landscape. As Aave continues to expand its presence across multiple chains, the protocol is playing a role in advancing the development and adoption of decentralized technologies.

About Aave Protocol

Aave is the leading decentralized non-custodial liquidity protocol that allows users to act as depositors and earn passive income, as well as borrow a wide range of digital assets without the need for third-party intermediaries. Core capabilities include risk mitigation features such as supply and borrow caps, and flash loans which allow users to borrow and repay assets within the same blockchain transaction block. GHO is a decentralized, overcollateralized stablecoin native to the Aave Protocol. The Aave Protocol is fully governed by the Aave Decentralized Autonomous Organization (DAO). Visit https://governance.aave.com/ to learn more and take part in Aave Governance.

About Sonic

Launched in December 2024, Sonic is the highest-performing EVM L1 blockchain, combining speed, incentives, and world-class infrastructure. For more information, please visit: https://www.soniclabs.com/