weETH tops $4B in Aave V3 deposits, becomes protocol's second-largest asset
- —weETH deposits on Aave V3 passed $4 billion, second only to native ETH
- —Deposits grew about 129,800 weETH, or over $350 million, in 30 days — up 10.9%
- —ETH-linked assets now account for roughly 36% of Aave V3's total value locked
- —weETH is deployed across Arbitrum, Base and Scroll, extending its footprint beyond Ethereum
Why it matters: weETH's rise cements liquid restaking as a core source of collateral in DeFi lending and ties Aave's growth more closely to the restaking sector.
Source: Crypto Briefing