PANews reported on December 2nd that Bybit has announced a strategic partnership with Mantle and Aave. The three parties will jointly promote the deployment of Aave on the Mantle Network and build a global institutional-grade DeFi liquidity system. After Aave is listed on Mantle, users can lend and borrow assets on this high-performance, low-cost Layer 2 network and acquire tokenized assets including RWA, stablecoins, and resold assets. Simultaneously, Mantle will launch a liquidity incentive program based on MNT to enhance asset utilization and early liquidity in Aave pools.
In this collaboration, Bybit will act as a "global liquidity bridge," connecting centralized and decentralized markets and providing its over 70 million users with a smoother on-chain asset flow path. The three parties will also explore more scenarios such as asset listings and on-chain yield products. Industry insiders point out that this collaboration combines Aave's deep liquidity, Mantle's high-performance architecture, and Bybit's global distribution capabilities, which is expected to further enhance DeFi scalability and accelerate the entry of institutions and users into the on-chain financial market.



Crypto venture funding was weak in November, with only a few major raises driving totals, as overall deal activity reached one of its lowest points this year. Venture capital funding in the cryptocurrency sector remained muted in November, continuing a broader slowdown that has persisted through late 2025. Deal activity was once again concentrated in a small number of large raises by established companies.As Cointelegraph previously reported, the third quarter saw a similar pattern: total funding climbed to $4.65 billion, according to Galaxy Digital, but deal counts lagged as capital flowed primarily to bigger, more mature firms.November reflected the same divergence. Figures from RootData showed only 57 disclosed crypto funding rounds during the month — one of the weakest tallies of the year — despite headline-grabbing raises such as Revolut’s $1 billion round and Kraken’s $800 million raise ahead of its anticipated initial public offering.Read more