Ethena Pay Launches Earn+ on Avalanche via Aave V4 and Upshift Vaults
Ethena Pay has introduced Earn+, a new product utilizing Aave V4 on Avalanche through Upshift vaults curated by Steakhouse.
Ethena Pay has introduced Earn+, a new product utilizing Aave V4 on Avalanche through Upshift vaults curated by Steakhouse. Avalanche (AVAX) is trading at ₹820 ($8.62), up 0.6% since this brief published. This is an original Token Times brief based on reporting by NewsBTC, with live market data added, as of Mon, 02 Nov 2026 09:15:01 UTC.
This development expands Ethena's DeFi offerings and integrates Avalanche's ecosystem, potentially increasing Aave's TVL and Upshift's asset management capabilities.
- Earn+ routes deposits through Upshift vaults on Avalanche using Aave V4.
- Steakhouse curates the Upshift vaults for Ethena Pay's Earn+.
- Aave's TVL is $16.48B, while Ethena's is $5.03B.
- Aave Launches 'Earn' for Yield Comparison and Quick Deposits on Aave Pro
- Ethena's USDe Expands to X Layer and OKX Wallet via Aave V3
- Aave Launches First V4 Markets Managed by Sentora on Ethereum
- Avalanche Powers Ethena Pay's New Earn+ Feature with Up to 12% Yields
- Aave V4 Launches First Externally Curated Markets with Sentora
- Ethena Pay Launches Earn+ on Avalanche via Aave V4 and Upshift Vaults — this brief
Ethena Pay has launched Earn+, a new product that routes deposits into Upshift vaults on the 
Avalanche network. These vaults are curated by Steakhouse and utilize 
Aave V4's lending protocol.
The integration with Aave V4 on Avalanche is designed to optimize the yield generation process for users. The layered structure, involving Upshift vaults and Steakhouse's curation, is noted as crucial for managing rewards and withdrawal processes.
On-chain data from DeFiLlama shows that Aave's total value locked (TVL) stands at $16.48B, while Ethena's TVL is $5.03B. Avalanche's ecosystem, with a market cap of $3.81B, could see increased activity due to this integration.
The Avalanche token (AVAX) is currently priced at $8.57, experiencing a 3.25% drop in the last 24 hours. Ethena's token (ENA) is also down 4.91% in the same period, currently trading at $0.178678.
This development highlights the growing trend of DeFi platforms leveraging multiple protocols to enhance their offerings. The integration with Avalanche and Aave V4 could attract more users to Ethena Pay's platform, potentially increasing the TVL of both Aave and Upshift.
Since this brief published about 1 hour ago, Avalanche (AVAX) has moved from ₹814.86$8.57 to ₹819.61$8.62 — +0.58%.
The chart plots AVAX's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 AVAX ≈ ₹894.32 (about $8.62), down 2.2% over 24 hours. The rupee itself trades about 9.1% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 2, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Ethena Pay Launches Earn+ on Avalanche via Aave V4 and Upshi — questions & answers
What is Ethena Pay's Earn+?
Earn+ is a new product that routes deposits into Upshift vaults on Avalanche, curated by Steakhouse and using Aave V4.
How does Earn+ work?
Earn+ utilizes a layered structure involving Upshift vaults and Steakhouse's curation to manage rewards and withdrawals on Aave V4.
What is the significance of this integration?
This integration could increase Aave's TVL and bring more users to Ethena Pay's platform by leveraging Avalanche's ecosystem.
How much is 1 Avalanche worth in rupee today?
About ₹894.32 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $8.62. The rupee price moves with both AVAX's US-dollar price and the USDT/INR rate; use our Avalanche in rupee page for any amount.
Has Avalanche's price moved since this brief was published?
AVAX is up 0.58% since this brief first published — trading at ₹820 ($8.62) now versus ₹815 ($8.57) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from NewsBTC. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.