Share this article
DeFi Specialist Aave Labs Acquires Stable Finance, Expands Consumer Access to Onchain Savings
Acquisition brings Stable’s consumer app expertise to Aave Labs as it builds mainstream DeFi products.
Oct 23, 2025, 2:10 p.m.
What to know:
- Aave Labs acquires Stable Finance to strengthen its consumer product roadmap
- Stable’s app makes stablecoin onchain savings simple for retail users
Aave Labs, the firm behind decentralized finance (DeFi) giant Aave, said it acquired Stable Finance, a San Francisco-based startup focused on making onchain savings simple for everyday users. The terms of the deal were not disclosed.
The move brings Stable’s founder, Mario Baxter Cabrera, and his engineering team to Aave Labs, where they’ll help build new consumer-facing DeFi products. Cabrera will join as Director of Product.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Stable Finance is best known for its mobile app, which lets users deposit dollars or crypto to earn interest through stablecoin yield strategies. The app hid much of the technical complexity of DeFi, giving users a single interface for onchain savings, according to a press release.
Aave Labs founder Stani Kulechov said the deal reinforces the company’s goal of making “onchain finance into everyday finance.” The company already operates Aave.com and Horizon, an institutional platform introduced in August that has attracted more than $300 million in deposits.
Stable’s technology will be folded into future Aave Labs products, and its existing app will be phased out. The acquisition marks Aave’s third talent-focused deal, following Sonar in 2022 and Family in 2023, as it continues expanding its product design capabilities.
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
JPMorgan Pushes Deeper Into Tokenization With Galaxy's Debt Issuance on Solana
Galaxy’s onchain debt deal, where JP Morgan acted as arranger, was settled in USDC stablecoin and backed by Coinbase and Franklin Templeton.
What to know:
- J.P. Morgan arranged Galaxy Digital’s commercial paper issuance on the Solana blockchain, one of the first of its kind in the U.S.
- Coinbase and Franklin Templeton bought the short-term debt instrument, settled in USDC
- Tokenization of real-world assets is gaining traction, with projections suggesting the market could reach $18.9 trillion by 2033.
Top Stories
