Karla Barker 
Aave’s native token AAVE traded above $90 on Friday, extending its recent recovery as the broader cryptocurrency market showed signs of stabilization. The price move came after the decentralized finance protocol introduced Stable Vaults, a new product designed to help businesses offer fixed-rate stablecoin yields. This announcement boosted investor sentiment, even as some on-chain metrics remained mixed.
Stable Vaults aim to simplify DeFi for businesses
Aave launched Stable Vaults as a smart contract-based infrastructure that powers its mobile savings app. The product is now available for businesses wanting to integrate DeFi-powered yield offerings. It addresses a key challenge: converting fluctuating on-chain lending rates into predictable fixed returns. That could make decentralized finance more attractive for companies hesitant about variable yields.
The platform also handles complex tasks like liquidity management across multiple blockchains, portfolio rebalancing, and user payouts. Businesses can pick from supported stablecoins and customize yield strategies based on their needs. They can set competitive fixed returns for customers and even offer promotional rates for specific user groups. For example, companies might give higher yields to premium subscribers or run temporary campaigns with enhanced interest rates.
Aave says this reflects a broader effort to make DeFi infrastructure accessible to enterprises and consumer-facing apps. The launch seems to have improved market mood, but derivatives activity remains subdued.
Derivatives data shows cautious traders
Futures open interest for AAVE sits at about $341 million, up slightly from $332 million a day earlier. But that’s still below the $394 million recorded on June 24. The drop in open interest suggests traders are cutting leveraged positions. It implies speculative participation isn’t strong yet, even as the protocol’s fundamentals look better.
On the 4-hour chart, AAVE looks bullish and is outperforming many major cryptocurrencies. The token rebounded after finding support near $80 and has reclaimed the $90 level. That reinforces a positive short-term technical structure.
Technical levels to watch
AAVE has moved above the 100-day exponential moving average at $90.95 but remains under the 200-day EMA at $115.21. That long-term moving average continues to act as a major resistance. The MACD indicator is slightly positive on the daily chart, signaling bullish momentum is still intact. The Relative Strength Index sits around 62, showing moderate buying without hitting overbought territory.
The first resistance lies at $97.74. A decisive break above that could push AAVE toward the psychologically important $100 level. A stronger rally might eventually bring the 200-day EMA into focus. On the downside, immediate support sits at the 50-day EMA around $83.81. A daily close below that would weaken the current recovery and increase the risk of a deeper pullback.
For now, AAVE’s ability to stay above $90, combined with growing adoption of Stable Vaults, could provide a foundation for further upside—if broader crypto market conditions remain supportive. But the weak derivatives activity suggests investors are still cautious.