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Grvt integrates Aave so traders can earn yield on perp collateral

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Grvt integrates Aave so traders can earn yield on perp collateral

DefiLlama data shows derivatives contribute heavily to DeFi’s $1 billion-plus quarterly revenue as lending and trading infrastructure converge.

Decentralized perpetual futures exchange (perp DEX) Grvt said it has integrated the Aave lending protocol to let traders earn yield on collateral posted for margin while keeping their derivatives positions open.

The company said Thursday that the feature is designed to reduce the opportunity cost of margin collateral that typically sits idle on trading venues. Perpetual futures are crypto derivatives that track an asset’s price and do not expire.

“On most platforms, your capital can only do one thing at a time,” Hong Yea, CEO of Grvt, told Cointelegraph. “Your stablecoins are either earning yield or available to trade, but not both.” He said the integration aims to let users deposit once and use the same capital as active margin while earning lending returns.

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