Aave Founder DeFi Seeks $50T Abundant Assets Token
According to Stany Kulekov, founder of decentralized lending platform Aave, DeFi will open up a new onchain collateral segment by tokenizing $50 trillion worth of “abundant assets” such as solar power by 2050.
Data from RWA.xyz shows that about $25 billion of real-world assets have been swapped on the chain, but mostly in the form of US Treasury bonds, stocks, commodities, personal loans and real estate.
In a post to X on Sunday, Kulekov said he expects these undervalued assets to continue to grow, but that “the biggest impact from a deposit can be achieved by simulating overstocked assets.”
“Capital is hungry for new collateral, and the world is ready for a shift that can capture and accelerate onchain lending,” added the head of Eve Labs, which could account for $15-30 trillion of the $50 trillion “overflow asset” market by 2050.
Kulekov said solar debt financiers can borrow $70 million from a $100 million solar project to reinvest in new projects, while onchain deposits are “a very scalable, low-risk product that's well diversified.”
“An investor can buy tokenized solar, sell it at a profit for three years, and immediately move into new development,” Kulekov added, arguing that such a model could significantly increase capital efficiency.
“Traditional infrastructure capital is locked up for decades. Tokenized assets allow for continuous trading, meaning that one dollar can finance multiple projects over time.”
Kulekov said the same idea extends to energy storage batteries, robotics for labor, vertical farming and laboratories for nutrition, semiconductors for computing and 3D printing of materials.
Abundant assets can offer better returns.
Kulekov said that these abundant assets can provide higher returns than scarce resources, which are leading “to a path of lower, thinner margins and declining profitability.”
“Volume-backed products offer better returns, better risk characteristics and better value alignment. They win in the market because they are superior products.”
Ave is the largest DeFi protocol by total value locked, with $27 billion in borrowing and lending, according to DeFillama data.
Tether-issued USDt (USDT) stablecoin, Ether (ETH) and bundle Ether (wETH) are the most borrowed and lent assets on the platform.
AAVE will decrease by 15.2 percent in 2026
Aave's native token Aave (AAVE) has not bucked the latest crypto market slump, falling another 1.6% in the past 24 hours, CoinGecko data shows.
RELATED: Aave Takes Avalanche Down and Completes Its Family Wallet With DeFi Refocus
AAVE has fallen 15.2% so far in 2026 to $125.98 and is now 81% off its all-time high of $661.70 set in May 2021.
Magazine: A ‘tsunami' of wealth is heading to crypto: Nansen's Alex Svanević
