Aave, a prominent decentralised finance (DeFi) platform, has expanded its services by deploying its money market protocol on the BNB Chain, aligning with the blockchain’s effort to enrich its DeFi landscape.
This move is set to provide the BNB Chain community with enhanced liquidity options alongside new lending and borrowing facilities.
The incorporation of Aave into the BNB Chain marks a significant step in augmenting the blockchain’s DeFi ecosystem, positioning it alongside other leading protocols such as Uniswap and PancakeSwap.
The BNB Chain's DeFi infrastructure is not only being bolstered by Aave but also includes other lending protocols like Ambit Finance and Venus.
Moreover, the network hosts various DeFi services, including liquid staking protocols, liquidity provider (LP) tooling, perpetuals, and decentralised exchanges (DEXs).