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Odaily Planet Daily reports that Aave’s net deposits have surpassed $50 billion, making it the first DeFi protocol to reach this scale. This figure represents the total collateralized assets across its 34 on-chain markets minus outstanding loans. According to Aave’s founder, an increasing number of traditional financial institutions are adopting Aave as lending infrastructure.This milestone also reflects the overall recovery trend in DeFi. Data shows that since December 2024, the total value locked (TVL) in the DeFi sector has approached $120 billion, with Ethereum-based lending dominating the market and locking over $63 billion. According to DefiLlama, Aave’s current TVL is around $29 billion, accounting for nearly half of the sector.It is reported that the Aave governance community is advancing several upgrade initiatives, including “Aave V4,” which aims to introduce account abstraction and native real-world asset vaults. There are also plans to support Bitcoin Layer2 assets and expand the GHO stablecoin to more blockchain platforms. (The Block)

Odaily Planet Daily reports that the decentralized US stock token trading platform MyStonks has announced it will conduct an on-chain snapshot of all user accounts holding PG.M (Procter & Gamble US stock tokens) at market close on July 18. For every 1 PG.M token held, users will receive a dividend of 1.0568 USDT, which will be automatically distributed to MyStonks accounts on August 15, with no action required from users. This dividend corresponds to Procter & Gamble’s (NYSE: PG) regular quarterly dividend for the fourth quarter of fiscal year 2025. The MyStonks platform maps native US stock dividends to token holders proportionally, ensuring that on-chain users enjoy the same dividend rights as traditional shareholders. On-chain dividends not only allow users to access the benefits of leading global companies without geographic barriers, but also greatly enhance the transparency and efficiency of dividend distribution. Users do not need to go through complicated declarations or wait; the entire dividend process is automated and publicly verifiable, truly achieving equal rights and benefits with traditional shareholders and promoting the deep integration of traditional finance and the Web3 world.