Aave goes live on Sony’s Soneium

Aave has been successfully integrated into the Soneium blockchain as of June 10 at 12 PM ET, making it fully available to more than 6 million wallet addresses registered on-chain.

According to a press release shared with crypto.news, the liquidity protocol’s integration into the Soneium ecosystem marks a significant expansion into a consumer-focused layer2. The DeFi protocol hopes the move will help new users discover and engage with the project.

As part of the integration, the DeFi protocol will also participate in Soneium’s liquidity-focused campaigns through the Astar Contribution Score, which includes a 100 million ASTR (ASTR) allocation to kick-start adoption.

In addition, the deployment will include Aave’s decentralized stablecoin, GHO. The Soneium team plans to explore GHO’s real-world utility by testing out its use cases for payments, savings, and digital commerce.

The DeFi protocol’s deployment on Soneium was approved through a community governance proposal. It also launches with support for USDT0, USDC.e, and WETH, each configured with risk parameters designed to optimize capital efficiency, user safety, and protocol performance.

Aave (AAVE) Labs Founder Stani Kulechov said Soneium is an ideal ecosystem to host the protocol, given its global user base of 6.6 million unique wallet addresses.

“Aave wants to be where consumers are, in trusted, accessible environments. Sony’s global reputation and Soneium’s focus on consumer-facing applications make this a unique opportunity for Aave to reach new mainstream users,” said Kulechov.

Soneium has been expanding its ecosystem to onboard more projects across web3 verticals, including DeFi, gaming, NFTs, RWAs, and media. Its roster already includes Uniswap (UNI) v4, Velodrome, Stargate, Lido, and protocols such as Kyo Finance and SuperVol.

As previously reported by crypto.news, Soneium launched a gaming incubator program called “Soneium For All” on June 9. The initiative is designed to support web3 projects by offering resources and financial backing to help them scale and gain visibility.