Aave enables Base USDC deposits in its mobile app

  • Aave launched Base USDC deposits in its mobile application.
  • The Base V3 market holds $178 million to $182 million in USDC deposits.
  • Waitlisted users can access the feature with Ghost Pass code AAVEONBASE.

Aave has launched USDC deposits from Base in its mobile app, allowing users to move the stablecoin into the protocol through a mobile interface. Waitlisted users can obtain immediate access with the Ghost Pass code AAVEONBASE. The feature builds on Aave’s Base V3 market, which has operated since 2023 and holds between $178 million and $182 million in USDC deposits, with utilization near 89% to 90%. Borrow rates are about 4.6%, while the app advertises USDC and USDT yields of 3% to 6.5%, depending on market conditions. Aave’s iOS app entered early access in August 2026, with a broader public launch planned for later this year. Base uses native USDC issued by Circle, while cross-chain transfers use Chainlink’s Cross-Chain Interoperability Protocol, or CCIP. The app also supports automatic yield compounding. Aave’s cumulative loan volume across all markets exceeded $150 billion as of August 2026. The update lists Aave’s current price at $0 and trading volume at zero over the previous 24 hours.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.