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DefiLlama co-founder 0xngmi says Aave has frozen its mainnet V3 markets

DefiLlama co-founder 0xngmi posted on October 29 that Aave had just frozen its V3 markets on its mainnet (mainnet). The post did not include an on-chain transaction hash or further explanation of the scope of the freeze.

At present, Aave’s official account has not issued a confirmation statement regarding this freeze. Previously, Aave had carried out freeze or delisting actions for specific assets such as rsETH or low-activity markets, but there is no directly verifiable connection to this incident.

0xngmi is a co-founder of DefiLlama, a well-known decentralized finance data aggregation and tracking tool. His post has a certain level of attention in the on-chain observer community, but the single post itself does not constitute official confirmation or a fact that has been verified on-chain.

Original sources:

  1. Title: aave just froze its v3 markets on mainnet Publisher: 0xngmi (@0xngmi) Publication date: 2026-10-29 URL: related X post Nature of source: original post by DefiLlama co-founder Verification status: original post read Support content: 0xngmi said that Aave had just frozen its mainnet V3 markets.

  2. Related background Publisher: DefiLlama / public profile of 0xngmi Nature of source: public introduction Verification status: cross-checked Support content: 0xngmi is a co-founder of DefiLlama, and the platform is a well-known DeFi data aggregation tool.

ABAB AI Insight

As a co-founder of DefiLlama, 0xngmi’s on-chain observations attract considerable attention in the DeFi community, and this post was quickly cited by some users. However, the post only states that it has been frozen and does not provide a specific transaction hash, the scope of assets frozen, or details about the executing entity, so it remains a personal observation rather than Aave’s official confirmation.

Without an official statement and independently verifiable on-chain records, this cannot be elevated to a confirmed comprehensive market freeze. Aave’s previous freeze actions mostly targeted specific assets or low-activity markets and were usually accompanied by official explanations. If this is true, it may be related to fund flows in the suspected security incident involving Binance that is under investigation, but this connection has not yet been publicly confirmed by Aave or independent on-chain analysis.

Points to watch next include whether Aave issues an official statement, whether a guardian or governance-executed freeze transaction is made public, and whether the freeze affects new borrowing or liquidation of existing positions. Until then, the relevant information should remain attributed to 0xngmi.

ABAB News · Law of cognition

  1. Observations from a single post by a well-known data platform co-founder can spread quickly, but they do not automatically equal official protocol confirmation.

  2. In on-chain security incidents, the information gap between personal observations and official statements needs clear attribution.