Risk Stewards: Supply Cap Increases on Aave V3 / 2026.07.21

Summary LlamaRisk recommends the following parameter changes based on user behavior, on-chain liquidity, and position health observed in the latest review of Aave V3 reserves. Aave V3 Monad: Increase supply cap for syrupUSDC from 160,000,000 to 240,000,000. syrupUSDC (Aave V3 Monad) syrupUSDC has reached 91.2% supply cap utilization (145,962,754 / 160,000,000) on the Aave V3 Monad instance. Supply Distribution Source: LlamaRisk, July 21, 2026 The top twenty syrupUSDC suppliers run health factors between 1.01 and 1.30 with a median of 1.03, and all twenty carry outstanding debt. Fifteen borrow