Risk Stewards: Borrow Cap Increases on Aave V3 / 2026.07.31

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 Core: Increase borrow cap for USDe from 571,000,000 to 700,000,000. USDe (Aave V3 Core) USDe has reached 97.2% borrow cap utilization (554,820,052 / 571,000,000) on the Aave V3 Core instance. Borrow Distribution Source: LlamaRisk, July 31, 2026 The top twenty USDe borrowers run health factors between 1.00 and 2.16 with a median of 1.13, and all twenty carry outstanding debt. Collateral behind those positions is l