CryptoMedium•6 November 2026•
1 min read
Aave Labs Acquires Avon Team to Enhance Fixed-Rate Lending Capabilities
Key Facts
1Aave Labs acquired the team and technology of Avon, an onchain fixed-rate and floating-rate lending protocol.
Aave Labs acquired the team and technology of Avon, an onchain fixed-rate and floating-rate lending protocol. The Block reported that the acquisition aims to integrate Avon's specialized lending capabilities directly into the Aave ecosystem.
The strategic move is designed to expand Aave Labs' product offering by incorporating Avon's technical expertise in decentralized lending mechanisms. This acquisition strengthens the company's technical moat in the DeFi space through the integration of dedicated fixed-rate lending tools.