Aave Expands to Sony’s Soneium Blockchain Reaching 6.6 Million Users

Aave, a prominent decentralized finance (DeFi) protocol, has successfully integrated into Sony’s Soneium blockchain as of June 10 at 12 PM ET. This integration makes Aave fully available to over 6 million wallet addresses registered on the Soneium blockchain. The move signifies a significant expansion for Aave into a consumer-focused layer 2 ecosystem, aiming to attract new users and enhance engagement with the project.

The integration involves Aave participating in Soneium’s liquidity-focused campaigns through the Astar Contribution Score. This initiative includes a 100 million ASTR allocation to boost adoption. Additionally, the deployment includes Aave’s decentralized stablecoin, GHO, which the Soneium team plans to explore for real-world utility in payments, savings, and digital commerce.

The deployment on Soneium was approved through a community governance proposal and supports USDT0, USDC.e, and WETH, each configured with risk parameters designed to optimize capital efficiency, user safety, and protocol performance. Aave Labs Founder Stani Kulechov highlighted the strategic importance of this integration, stating that Soneium’s global user base of 6.6 million unique wallet addresses makes it an ideal ecosystem for hosting the protocol. Kulechov emphasized that Aave aims to be in environments where consumers are, leveraging Sony’s global reputation and Soneium’s focus on consumer-facing applications to reach new mainstream users.

Soneium has been actively expanding its ecosystem to onboard more projects across various web3 verticals, including DeFi, gaming, NFTs, RWAs, and media. The platform already hosts notable protocols such as Uniswap v4, Velodrome, Stargate, Lido, Kyo Finance, and SuperVol. Additionally, Soneium launched a gaming incubator program called “Soneium For All” on June 9, designed to support web3 projects by offering resources and financial backing to help them scale and gain visibility.

This integration marks a strategic move for Aave to tap into a broader user base and enhance its presence in the consumer-focused layer 2 ecosystem. By leveraging Soneium’s infrastructure and global reach, Aave aims to make DeFi more accessible to mainstream users, potentially driving greater adoption and engagement with the protocol. The inclusion of GHO and its exploration for real-world utility further underscores Aave’s commitment to innovation and practical application within the DeFi space.