Aave risk-management partner Chaos Labs has announced its official exit, citing reasons including long-term losses, the departure of key personnel, and disagreements with Aave Labs on risk management philosophy. Although Aave Labs proposed a $5 million budget plan, Chaos Labs believed the amount actually needed was $8 million, and the two sides’ disagreement over risk priorities was difficult to reconcile. In response, Aave Labs CEO said that the V4 migration has no mandatory timeline and that V3 will continue to operate normally.

Gate News Message, according to the governance update, key contributor Chaos Labs has left the Aave DAO. Previously, BGD and ACI had left that DAO organization one after another.

Gate News message, Trader @thomasg_eth sold 11,409 ETH valued at $23.47 million and 13,150 AAVE valued at $1.21 million two hours ago. The total transaction value reached approximately $24.68 million.

A Bank of Canada research report states that Aave V3 on Ethereum is expected to achieve zero non-performing loans in 2024, with a total loan volume of about $6 billion. The report analyzes the effectiveness of over-collateralization and automatic liquidation mechanisms in protecting lenders, finding that leveraged loop transactions are mainly driven by large investors, liquidation activity is concentrated in a small number of assets, and it has little impact on market prices.

DeFi lending protocol Aave, after launching its V4 upgrade in 2026, despite significant technical optimizations, saw the token price fall to a 52-week low point, reflecting the market’s focus on macro liquidity and risk appetite. While Aave’s V4 upgrade strengthens its position as core infrastructure, it is difficult in the short term to translate into demand for the token, showing a disconnect between the price and the protocol’s evolution.

Gate News message. On April 2, according to on-chain analysts monitoring, a 2016 ancient ETH whale with an exceptionally low cost basis of $203.22, after sleeping for one month, woke up yesterday (April 1), then immediately made high-frequency consolidations to addresses and deposited 3,915 ETH and 24,000 AAVE to a certain CEX, suspected to be selling. The total value is approximately $10.72 million. After the deposit, only 52 ETH remained on-chain. After holding Ethereum for nearly 10 years, the whale is now nearly fully liquidated.

BlockBeats news, on March 28, according to lookonchain monitoring, a wallet related to F2Pool co-founder WangChun withdrew 9,000 ETH (approximately 17.86 million USD) from Binance 8 hours ago and has deposited it into Aave. Currently, the wallet holds a total of 79,818 ETH (approximately 158.7 million USD).

Gate News bot message, a wallet associated with Chun Wang from F2Pool withdrew 9,000 ETH valued at $17.86 million from centralized exchanges 8 hours ago and deposited the funds into Aave. The wallet currently holds 79,818 ETH, worth approximately $158.72 million.

Aave has proposed a governance proposal to allocate 100% of all product revenue to the DAO, attracting market attention. This proposal emphasizes the value distribution of "protocol as community" and commits to future development centered around the Aave ecosystem, while introducing a quarterly reporting mechanism to enhance transparency. If approved by voting, Aave could become a DeFi protocol with prominent community-driven characteristics.

Research from the European Central Bank shows that governance power in DeFi protocols is highly concentrated, with the top 100 token holders controlling over 80% of the token supply, and the top 5 addresses of Aave and Uniswap holding nearly 50%. A large number of governance tokens are held by protocols and exchanges, and the anonymity of identities challenges claims of decentralization, impacting regulatory compliance.