Aave V4 has become the largest decentralized finance (DeFi) venue for Coinbase-issued tokenized stocks on Base by total value locked (TVL), according to Token Terminal data. Deposits reached $10.1 million, accounting for approximately 53% of the $18.9 million deposited across DeFi venues. The development highlights growing interest in tokenized equities within decentralized lending. Meanwhile, the AAVE price is testing a key technical support zone, with analyst Crypto With Gopal identifying a potential double-bottom formation that could signal a trend reversal if resistance breaks.
Aave V4 Captures 53% of Tokenized Stock Deposits
Aave V4’s Equities Hub on Base allows eligible users to deposit Coinbase-issued tokenized U.S. stocks as collateral and borrow USDC against them. The integration supports tokenized versions of seven major companies: Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia, and Tesla.
The Equities Hub uses Chainlink price feeds to support collateral valuation. At launch, the tokenized stocks serve as collateral rather than borrowable assets, allowing eligible users to access stablecoin liquidity against their holdings.
Source: Token Terminal’s X Post
According to Token Terminal, Aave V4 holds $10.1 million of the $18.9 million deposited across DeFi venues for these tokenized stocks on Base. This gives the protocol approximately 53% of the deposits in this specific market segment.
The figures highlight Aave’s position in the emerging tokenized-equity lending market. However, this share reflects deposits for the specified assets, not Aave’s overall share of the DeFi lending market.
Also Read: Aave V4 Attracts $4.9M in Tokenized Stocks as AAVE Price Outlook Improves
Tokenized Equities Strengthen Aave’s DeFi Lending Position
The growth of tokenized stock deposits highlights a developing connection between traditional financial assets and decentralized lending. By allowing eligible users to use tokenized equities as collateral, Aave provides another route to access USDC liquidity without necessarily selling those assets.
This functionality could attract investors seeking to use blockchain-based representations of traditional stocks within DeFi applications. It also expands the range of collateral available through Aave’s lending infrastructure.
In relation to the protocol, an increase in the number of deposits and borrowings could be proof that there is a need for the financial instruments being offered. However, the number of deposits available currently does not tell how much income the Equities Hub produces.
The development provides basic information on AAVE, but increased protocol activity does not guarantee an instant rise in its price. There are other factors to consider in the market, including the demand for tokens and sustained growth of the integration.
AAVE Price Tests $147 as Double-Bottom Pattern Emerges
Crypto With Gopal observes a double-bottom setup forming in the AAVE price at the support level of $147-$148. A double bottom is formed by price action retesting a similar low point two times. This means buyers seem to be fighting to defend this area after falling in price.
The resistance area seen at $165-$166 represents the potential neckline of the double bottom pattern. The price should manage to rise past this level for bulls to have more confidence about a reversal.
Source: Crypto With Gopal’s X Post
In case of breakout and continuation of momentum above the neckline, the targets for the pattern may be set at $185-$190. The projection is not definite and can only become valid if confirmed by the price movement.
The $147-$148 level continues to be important for support. In case of failure below this level, the probability of the double bottom pattern will decrease, and the rejection from the $165-$166 region would leave the potential reversal unconfirmed.
What Comes Next for the AAVE Price?
The immediate technical outlook for the AAVE price will depend on the ability of the buyers to hold above the support area of $147-$148 and break the price barrier at $165-$166. A breakout would mean that the target level of $185-$190 becomes relevant.
In terms of fundamentals, further growth in the amount of tokenized stock deposits on Aave V4 can be one more indicator of adoption. These figures will help to determine whether the Equities Hub is becoming increasingly popular in the Base network.
For now, the prominent standing of Aave in the world of tokenized stocks represents an interesting development for the ecosystem, whereas AAVE finds itself at a critical point in terms of technical decision-making. It is not guaranteed that either the growth of deposits or a turnaround in price will happen.
Also Read: Aave V4 Adoption Grows on Base as AAVE Price Outlook Draws Attention
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
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