Aave is deploying its V3 protocol on Mantle Network, an EVM-compatible and low-cost Layer 2 solution. The move provides Aave with a direct channel to Bybit's 30 million active users, leveraging Mantle's close integration with the centralized exchange.

The centerpiece of the partnership is the official launch of Aave on Mantle Network, a high-performance, low-cost Ethereum Layer-2 built specifically for real-world assets (RWAs), stablecoins, and high-throughput DeFi applications.

The move instantly connects Aave’s battle-tested lending and borrowing markets—already the most widely used decentralized lending protocol in crypto—with Mantle’s scalable infrastructure and Bybit’s global liquidity network of over 70 million users.

“This is a pivotal moment for scalable DeFi,” said Emily Bao, Key Advisor at Mantle. “By pairing Aave’s proven liquidity engine with Mantle’s high-performance Layer-2 and Bybit’s unmatched global reach, we’re creating a seamless bridge between centralized and decentralized finance that works for everyone—from retail traders to large institutions.”

Key Highlights of the Integration

• Aave live on Mantle Network – Users can now supply, borrow, and earn yield on tokenized RWAs and other assets with near-instant transactions and dramatically lower gas fees.
• ByBit as Global Liquidity Bridge – Direct on- and off-ramps between Bybit’s centralized order books and Mantle-based DeFi markets, with future plans for asset listings, on-chain earn products, and more (subject to regulatory approval).
• MNT yield incentives – New reward programs inside Aave pools to bootstrap liquidity and reward early participants.
• Institutional-grade performance – Mantle’s sub-second block times and high throughput eliminate the congestion that has plagued many DeFi experiences on Ethereum mainnet.

Read More:
https://www.bybit.com/en/press/post/bybit-mantle-and-aave-partner-to-bring-institutional-grade-defi-liquidity-onchain-at-global-scale-blt9082666b884141ba