Aave Labs expands into consumer DeFi with acquisition of Stable Finance

Daily top performer — Aster (ASTER)



The S&P 500 rose 0.58% on Thursday, led by tech gains, as investors awaited a key inflation report and a potential Fed rate cut next week. Gold trades near $4,140, holding modest gains as traders await US CPI data for direction. Short-term outlook stays mildly bullish above $4,115 support, with resistance near $4,173. The Coindesk Indices, which tracks the broader crypto market, rose 2.29% with Bitcoin and Ether up 2.24% and 1.35%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.

Today’s top performer is ASTER, up 18.1%, after Aster introduced Rocket Launch, a program rewarding traders and backing early-stage crypto projects.

Aster (ASTER), launched in March 2025, is a decentralized exchange combining perpetual and spot trading, offering MEV resistance, yield-generating collateral, and cross-chain access with institutional-grade tools for efficient trading. Aster launched Rocket Launch, a program that supports early-stage crypto projects and rewards traders with $ASTER and partner tokens. Users can earn rewards by meeting trading volume targets and maintaining $ASTER balances. The first campaign features APRO Oracle (AT), offering a $200,000 prize pool from Oct 24–Nov 6, 2025, on the AT/USDT spot pair.



Check out the latest prices, charts, and data of ASTERUSDT perp and ASTER/USDT spot contracts!



Talk of the town

Aave Labs acquired San Francisco–based Stable Finance to accelerate its push into consumer-facing DeFi products. Stable’s founder, Mario Baxter Cabrera, joins as Director of Product along with the full engineering team. The acquisition strengthens Aave’s plan to expand beyond institutional products like Horizon into user-friendly onchain savings and borrowing tools. Stable’s technology, which powered a simple stablecoin savings app, will be integrated into upcoming Aave Labs products.



Check out the latest prices, charts, and data of AAVEUSDT perp and AAVE/USDT spot contracts!



BTC spot ETF flows





Yesterday, Bitcoin spot ETFs saw $87.5 million in total outflows, with $60.5 million from GBTC and $27 million from other ETFs.



Check out the latest prices, charts, and data of BTCUSDT perp and BTC/USDT spot contracts!



Airdrop to watch

StandX, a new perp DEX, has launched its Pre-Deposit Campaign until Oct 31. Users can deposit USDT or USDC on BNB Chain to mint DUSD, a yield-bearing stablecoin that generates passive yield from trading and collateral activity. TVL has surpassed $200M, and StandX has also released StandX ID, a free identifier potentially tied to future rewards.