Avana is building the lending market for AMM liquidity on Aave V4. Our mission is to make AMM liquidity positions usable as collateral across DeFi.
Major AMMs already hold billions in liquidity, yet LP positions are still treated mostly as passive positions rather than productive collateral. Avana brings that liquidity into lending markets for today's DEXs and LP types, using dual oracles and stronger risk controls.
That requires more than listing LP tokens as collateral. Avana is built around specialized Aave v4 Spokes for different DEX designs, several Aave v4 Hubs organized around lowest-risk, correlated, and higher-range LP markets, and an Aave v4 Lend Spoke that supplies the capital behind those markets.
Turning an LP position into usable collateral requires more than smart contracts. The position must stay active in its pool, its value must be measured as conditions change, and the market must have enough liquidity to support a loan. That is why Avana divides the work across four teams, each responsible for a different part of the risk.
Protocol owns the design and implementation of Avana's lending system, including smart contracts, LP collateral architecture, liquidation systems, oracle infrastructure, access control, execution environment, and upgrades across integrated AMMs and lending hubs.
Operations coordinates the day-to-day protocol layer, including treasury processes, incentive programs, ecosystem growth, contributor workflows, and collateral onboarding operations.
Market Risk owns the quantitative side of LP collateral: liquidity depth, volatility, price behavior, concentrated liquidity exposure, liquidation dynamics, pricing integrity, and parameter tuning across market conditions.
Collateral Risk owns the qualitative side of onboarding and monitoring, including asset structure, liquidity sources, governance dependencies, protocol dependencies, and broader collateral integrity across supported markets.
The goal is clean separation, with technical execution, operations, market modeling, and collateral review each owned independently.
Borrow against LP positions with pricing, risk checks, and liquidation controls.
Supply capital to back LP borrowing and earn yield from the market.
Open LP-backed leverage positions and manage them with a single workflow.
We are a small team working on a large problem. If you're interested in joining this research effort, we would love to hear from you.
