Aave’s Horizon RWA Market Surpasses $600 Million in Net Deposits
The decentralized lending protocol Aave reports its Horizon Real-World Asset (RWA) market now exceeds $600 million, marking it as one of the largest RWA-backed lending platforms globally.
AAVE
Summary
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Terms & Concepts
RWA (Real-World Asset): A blockchain-based token representing traditional assets such as bonds, real estate, or invoices.
DeFi (Decentralized Finance): A financial ecosystem built on blockchain technology that operates without traditional intermediaries like banks.
Aave: A decentralized finance protocol that allows users to lend and borrow cryptocurrencies through smart contracts (self-executing blockchain code).