Aave Labs has acquired Stable Finance in a strategic acqui-hire announced on October 23, 2025, with undisclosed financial terms. The deal aims to accelerate Aave's expansion into consumer-focused decentralized finance (DeFi) by integrating Stable Finance's technology and talent.
This move follows the success of Aave's institutional platform, Horizon, which surpassed $300 million in deposits within weeks of its August launch. Stable Finance, known for its free iOS app, simplified onchain yield into a one-click savings experience, allowing deposits from bank accounts or cards and facilitating $38 billion in deposits, highlighting latent demand for low-volatility crypto earnings.
As part of the acquisition, Stable Finance's founder, Mario Baxter Cabrera, joins Aave as Director of Product, alongside his entire engineering team. The existing Stable app will be phased out, and its technology—which abstracts blockchain complexities like wallets and gas fees—will be integrated into future Aave products. Aave Labs founder Stani Kulechov emphasized, "Mario and the Stable team have built unique technology supporting a seamless user experience that will help accelerate our consumer roadmap and extend the Aave protocol to new users."
This marks Aave Labs' third strategic acqui-hire in as many years, after integrating teams from Sonar in 2022 and Family in 2023, reinforcing its in-house design and product capabilities to bridge traditional finance and DeFi for mass adoption.
BTC
ETH
BNB
USDC
ROBA