Bitcoin24h $66,297.60+1.74%

Ethereum24h $1,921.11+1.19%

BNB24h $573.07+0.39%

XRP24h $1.14+2.83%

Solana24h $77.97+0.39%

TRON24h $0.3291+0.80%

Hyperliquid24h $60.76-2.75%

Dogecoin24h $0.0733+1.81%

Zcash24h $533.31-2.44%

UNUS SED LEO24h $9.71-0.13%

Aave hits breaking point as DAO and Labs clash over control

A debate over in-platform swaps has expanded into questions over who “owns” Aave, DeFi’s biggest app: Aave Labs or a DAO of tokenholders?

Aave Labs faces backlash over CoW Swap integration

An Aave Labs integration of CoW Swap promising better prices and MEV protection has sparked a debate over whether fees belong to the DAO.

Withdrawals of 140M GALA tokens are missing corresponding deposits on GalaScan. The bridge was paused and admin keys rotated on November 10.

Citadel Securities has submitted its opposition for DeFi exemptive relief to the SEC. Critics think its opposition is self-serving.

Aave is making moves to boost revenue and limit risks, offboarding Sky’s USDS and closing down v3 instances on three chains.