
The conclusion of the SEC’s investigation coincides with Aave’s ongoing V4 roadmap and governance initiatives, reflecting evolving DeFi narratives amid wider ecosystem developments.
Aave founder Stani Kulechov confirmed the SEC has concluded its four-year probe into the protocol without enforcement action, lifting a regulatory burden from the decentralized lending platform. The investigation, begun in late 2021, examined Aave’s DeFi services. Its closure has bolstered community sentiment, aligning with current discussions on the V4 roadmap, governance proposal “$AAVE Alignment Phase 1,” and broader DeFi developments involving Base, Polymarket, Perp DEXs, and legal disputes in the Solana ecosystem.