Aave has launched its lending markets on the Sonic blockchain, marking its first Layer 1 expansion of the year. This deployment is supported by $15 million in liquidity from the Sonic Foundation. Users can now borrow, supply, and earn incentives on the platform, which is designed for high performance and is based on the Ethereum Virtual Machine (EVM). Within 24 hours of its launch, Aave reported a total value locked (TVL) of $33 million on Sonic. The expansion is seen as a significant step in enhancing Aave's offerings in decentralized finance (DeFi). Sonic, which evolved from the Fantom blockchain, aims to provide a robust environment for DeFi applications.