Aave Launches Lending Against Tokenized Stocks on Base
- —Collateral covers seven Coinbase-issued tokenized stocks with Chainlink price feeds
- —Deposits of $8.15M: $6.23M in USDC and $1.92M in stock tokens
- —Only $435K borrowed so far, leaving utilization at 5.34%
- —LlamaRisk caps: $29M collateral, $32M USDC supply, $21M borrows, 65–79% LTV
Why it matters: Tokenized equities are entering DeFi as loan collateral, but the mismatch with Wall Street trading hours raises liquidation risk on weekends.
Source: TokenPost