Aave Protocol Update: WETH Resumes on Ethereum Mainnet While Multi-Chain Markets Remain Paused

Aave Reopens WETH Deposits on Ethereum Mainnet

The decentralized lending protocol Aave has lifted the pause on WETH (Wrapped Ether) reserves within its Ethereum Core V3 market. Users can now resume supplying WETH to this specific liquidity pool.

Existing Limitations and Multi-Chain Status

While supply functionality is restored, significant restrictions remain in place:

• Zero Loan-to-Value (LTV): Deposited WETH cannot currently be used as collateral to borrow other assets.
• Multi-Chain Pauses Continue: WETH reserves remain frozen on several other networks, including Ethereum Prime, Arbitrum, Base, Mantle, and Linea. Full functionality on these chains is not yet available.

Context and Next Steps

This update is part of the protocol's response to a recent security incident. The Aave team has confirmed they are progressing with the next phases of the recovery plan and will provide further updates to the community. Users are advised to review all relevant risk parameters before interacting with the markets.