something interesting happened with @aave horizon. in august, it launched with $50m.
today? $540m in deposits, making it the biggest real-world asset lending market in defi.
that's not just growth. that's institutional money finding a new home:
> 10x increase in just three months
> $150m actively borrowed against real assets
> one treasury fund (superstate's uscc) brought $238m alone
the impact goes deeper. most defi works like this: you put up bitcoin or ethereum as collateral, hope it doesn't crash, and borrow against it.
scary for institutions managing billions.
horizon took a different approach:
> use u.s. treasuries as collateral instead
> borrow stablecoins without selling your safe assets
> no more liquidation anxiety
imagine you're running a $100m company. you've got treasury bonds earning 5%.
traditional finance says "sell some bonds if you need cash." that triggers taxes and paperwork.
horizon says "keep your bonds, borrow stablecoins against them." same liquidity, way simpler.
perfect timing. real-world asset tokenization hit $35.8b this year, almost triple last year's numbers.
wall street institutions like blackrock and jpmorgan are putting their funds on-chain. horizon positioned itself perfectly for this shift and now handles 15% of the entire market.
the infrastructure is reliable too. chainlink handles pricing, partnerships with circle and vaneck expand options, and aave's lending engine has processed $40b in loans without major issues.
what's next? conservative estimates put horizon at $2-5b by 2026.
cross-chain expansion could double that.
institutions are choosing defi over traditional finance. not through hype, but through tools that solve real problems they face daily.

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