On Aave Monad, 22 Aug 2026
One loan
Someone borrows USDC against their ETH. Nothing unusual.
Stats.
Live from MonadHistory offline
- Rescues
- Not known right now
- This build has no history service, so this can't be counted.
- Saved for borrowers
- Not known right now
- This build has no history service, so this can't be counted.
- Loans protected now
- Protocol income
- Not known right now
- This build has no history service, so this can't be counted.
Monad, block by block.
A new block every 0.3 seconds. Shield reads every protected loan in each one, and steps in when one reaches its line.
Each tile is a block. A purple stamp marks a block with a real Shield transaction, a fee update or a rescue; tap it to see it on MonadVision.
The one liquidation on Aave Monad so far.
It cost the borrower $87.98 on top of what was repaid.
Block 98,106,057
Into the lava
The loan sinks below Aave’s line. Liquidators can now step in.
A liquidator grabs it
$87.98 extra
It repays $1,670.69 of the loan and takes ETH worth $87.98 more than that.
With Shield on instead
$16.71 extra
Same $1,670.69 repaid, earlier, at the borrower’s own line. That is $71.27 less than the Aave liquidation.
Panels 1 to 3 happened on chainSee the transaction on MonadVisionPanel 4 prices the same repayment at Shield’s 1%. Shield did not exist yet.
Next levels.
Shield works with Aave V3 on Monad today. Everything else here is not built yet.
On Aave V3
Aave V3
Working now
Holds $324.0M on Monad in total value locked
cbBTC collateral
Not built yet
Listed but switched off until Monad has a swap route from cbBTC to USDC.
eMode loans
Not built yet
Shield covers loans outside Aave's eMode only, for now.
Outside vault deposits
Not built yet
Only the treasury adds money today. Opening the vault is a list change, not a new contract.
Other lenders on Monad
Euler V2
Planned, not built yet
Holds $258.6M on Monad in total value locked
Morpho Blue
Planned, not built yet
Holds $192.7M on Monad in total value locked
Curvance
Planned, not built yet
Holds $128.7M on Monad in total value locked
Neverland
Planned, not built yet
Holds $8.5M on Monad in total value locked
Each of these would need its own exit path and its own tests against the real lender before Shield could step in there. What each one holds is from DefiLlama on 5 Oct 2026 (api.llama.fi/protocols).
More numbers
Protocol income, adding up
This build has no history service, so these numbers can't load.
Latest rescues
This build has no history service, so the list of rescues can't load.