TREE NEWS update: Aave has listed a December AUSD principal token on Monad with a 93% borrowing limit, and the new reserve has already filled its 30 million-token supply cap. Aave shows $29.67 million supplied against that cap.
Aave Lists December AUSD PT on Monad With 93% Borrowing Limit
A 93% borrowing limit on a principal token is an aggressive parameter, and the fact that the 30 million-token supply cap filled almost immediately suggests demand ran well ahead of the initial allocation. The listing also signals that Aave is willing to extend its reserve framework to Monad and to PT-style collateral, not just established assets. The open question is whether the cap gets raised and whether the tight limit holds up under stress once the token approaches its December maturity.
Generated by AI for reference only.
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