Chainlink
Chainlink|May 12, 2025 16:00
Following a successful initial pilot, the @aave DAO has officially voted with unanimous approval to expand its use of Chainlink SVR to cover additional markets. https://vote.onaave.com/proposal/?proposalId=308 This increases SVR market coverage on Aave from ~3% to ~27% of the protocol's TVL on Ethereum. SVR is a novel oracle solution that allows Aave to securely recapture oracle-related liquidation MEV, with the recaptured value split between Aave and Chainlink. During the pilot period, SVR operated without issue, successfully liquidating at-risk positions while ensuring zero bad-debt accrual for the Aave protocol. SVR-activated markets on Aave now include: Aave v3 Ethereum Core: AAVE, cbBTC, eBTC, LBTC, LINK, tBTC, & WBTC Aave v3 Ethereum Prime: ezETH, rsETH, USDC, WETH, & wstETH This expansion reflects a risk-adjusted approach to increasing Aave's usage of SVR, with the ultimate goal of having all Aave markets on Ethereum covered by SVR. Just use Chainlink.
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