Aave's trading activity has significantly expanded, with its token AAVE trading at approximately $185-186 on October 2, marking a roughly 13% increase in 24 hours and over 26% in seven days. Its futures trading volume reached about $1.09 billion, and open interest climbed to approximately $535 million. This growth is primarily attributed to Aave V4's deposits surpassing $1 billion in September and its expansion to Arc and Base. The Base deployment also introduced the Equities Hub, which allows tokenized Coinbase stock as collateral, alongside Aave DAO's token buyback program and recent discussions about a token burn mechanism. Furthermore, a massive short squeeze also fueled the rally.