The Aave community has been actively discussing the potential deployment of Aave V3 on the zkSync Era Mainnet, a move initiated by Fig from Flipside Crypto¹. This deployment would expand Aave's reach into the growing zkEVM ecosystem and potentially introduce new users into DeFi, reinforcing Aave's position as a top liquidity market¹. The proposal, which has received support from the ACI and Matter Labs, suggests an initial deployment of USDC and ETH assets ^1,2,3.

The community has been largely supportive of the proposal, with 0xkeyrock.eth and Omurovec expressing their approval ^5,6. However, concerns were raised about the compatibility of oracles, as Aave relies on Chainlink oracles which are not yet deployed to zkSync Era⁶. This issue was addressed by UgurMersin and SA_Matterlabs, who confirmed that compatible oracles such as API3, Pyth, and Redstone are either currently available or will be soon ^7,8. The proposal has since passed the Temperature Check stage with 99% approval and is ready to move to the ARFC stage¹⁰.

Risk assessment from Gauntlet, provided by Pauljlei, recommended the launch of Aave on zkSync Era with conservative supply and borrow caps¹¹. The zkSync Era Chain currently has a total value locked (TVL) of approximately $261M, with the largest decentralized exchange (DEX) being SyncSwap¹¹. SA_Matterlabs also mentioned that wBTC and USDT assets will be available on Era soon, and a strong pipeline of DeFi projects is set to launch on Era in the next 6-10 weeks¹⁴. This is expected to further increase the overall TVL and major assets such as ETH, stables, and LSDs¹⁴. The community awaits the final AIP, which will consider market and liquidity conditions for the final recommendations¹³.