Stani Kulechov on Aave V4, Avalanche, and Why RWAs Hit $100B This Year

Aave founder Stani Kulechov joins Ava Labs President John Wu and The Block’s Kelvin Sparks to explain how the protocol that processed over $3 trillion in deposits is pointing its infrastructure at tokenized real-world assets — starting with Aave V4’s first non-Ethereum deployment on Avalanche and the Horizon securities market. He also breaks down GHO, the forthcoming consumer Aave App, and why he thinks RWAs double to $100 billion by the end of 2026.

OUTLINE
00:00 – Introductions
03:15 – Aave by the Numbers
04:50 – V4 and Horizon
06:26 – The Great Convergence
11:11 – Why Avalanche
18:19 – Killing the Prime Broker
24:39 – Walled Gardens
32:33 – The GHO Engine
37:18 – The Aave App
44:23 – $100B by 2026

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Stani Kulechov –
AAVE –

Kelvin Sparks – ⁠⁠⁠
John Wu – ⁠⁠⁠
The Block – ⁠⁠⁠
Ava Labs – ⁠⁠⁠

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