Aave V4 Launches Stock-Backed Lending on Base

Aave V4 has launched Equities Hub on the Base network, enabling eligible non-U.S. users to use seven Coinbase-issued tokenized U.S. stocks—Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia, and Tesla—as collateral to borrow USDC. The market utilizes Chainlink for on-chain price feeds. Initial collateral limits are set at approximately 29 million dollars, with a USDC supply cap of 32 million dollars and a borrowing limit of 21 million dollars. Loan-to-value ratios for the assets range from 65% to 79%. Aave plans to potentially expand the list of supported tokenized stocks and add GHO as a borrowable asset following future governance and risk assessments.