Aave v3.7 is live on Monad after proposal 501 cleared governance, bringing lending, borrowing, overcollateralized loans, and GHO to Monad users. The initial market supports 12 assets: USDT0, USDC, GHO, USDe, mUSD, AUSD, WETH, cbBTC, wstETH, weETH, syrupUSDC, and sUSDe. Monad is pitching this as institutional DeFi plumbing, with 10,000 TPS, 400ms blocks, roughly 800ms finality, and more than $1T in all-time Aave volume.

TLDR by @Benthic

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