Introducing Avana:
An LP-as-Collateral Protocol
Built on Aave V4
One of the most important sources of collateral demand in crypto is hiding in plain sight. For years, DeFi has treated AMMs primarily as trading infrastructure and LP positions as passive liquidity. Yet major AMMs already hold billions in liquidity, and the opportunity to make that capital usable as collateral has become increasingly difficult to ignore. AMMs are now more mature, liquidity is deeper, oracle infrastructure is stronger, and market participants are far more familiar with how LP positions behave across stable, correlated, and volatile pairs than they were in earlier generations of the market.
We believe the next major expansion in DeFi lending markets will come from protocols that can understand AMM liquidity, its risk, and its pool structure. That is why we are building Avana as a dedicated lending protocol for LP collateral across AMM markets, with specialized Aave v4 Spokes for different liquidity designs, a central Aave v4 Hub for shared borrowing liquidity, and an Aave v4 Invest Spoke that supplies the capital behind those markets.
Avana is designed to transform AMM liquidity into structured collateral markets, allowing LP positions across hundreds of pools to participate in lending through architecture built specifically for their risk profile, pool design, and liquidity behavior.
Roadmap
Avana develops in three phases. Each phase builds on the one before it: Token Markets, Leverage / Perps Markets, then Pool Markets.
Phase 1 - Token Markets
Q2 2026Deposit LP positions as collateral to borrow single assets.
Released
In Progress
Target Q2 2026
Phase 2 - Leverage / Perps Markets
Q3 2026Deposit LP positions as collateral to open managed leverage or perps exposure.
Target Q3 2026
Phase 3 - Pool Markets
Q4 2026Deposit LP positions as collateral to borrow pool positions.
Target Q3 2026
Target Q4 2026
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.