- Aave Dao has officially voted with unanimous approval to introduce phase 3 of the activation of Chainlink SVR.
- This next step brings SVR Oracle-Feeds to a wider range of assets based on Ethereum, including Wsteth, Cbeth, RSeth, Osoeth, Ethx and Reth.
Smart Value Recapture (SVR) is an oracle feed of the next generation developed by Chainlink and it changes how Defi protocols deal with value.
In contrast to traditional Oracle systems that simply provide price data, SVR is specifically designed to record and redistribute Oracle-Extra value (OEV), that is the hidden value that is often scooped up by block builders when critical events, such as liquidations, are activated in lending platforms.
Chainlink recently posted on X that “Aave Dao officially voted with unanimous approval to introduce phase 3 of the activation of Chainlink Svr. Phase 3 expands the cover of Chainlink SVR to ~ 75% of the total Ethereum-TVs of History, which is ~ 95% of the, 95% of the dated, based on the OEV-relevant, based on the OEV-relevant, 95% of the OEV-REVIE’s, 95% of the OEV-REVEM”
Chainlink noted that this broader roll -out SVR offers an even greater chance of recapturing maximum extremable value (MEV) and to channel back in the Aave and Chainlink -Ecosystems, which changes potential losses into shared profits.
After the success of phases 1 and 2, the Aave Dao officially voted with unanimous approval to enter phase 3 of his activation of Kettinglink SVR.
Phase 3 extends the coverage of Chainlink SVR to ~ 75% of the total Ethereum TVs of Aave, which represents ~ 95% of the OEV-Relevant of Aave … pic.twitter.com/1aq5UQR3S2
– Chainlink (@chainlink) 27 June 2025
The voting time line behind this rollout was fast but methodical. As emphasized in our previous news article, the proposal was introduced for the first time on 23 June. Voting was officially opened the next day, on 24 June at 4.53 pm, and was closed three days later on June 27, with the outcome marked as “passed”. The process was completed only a few hours later, on 28 June, and closed only a few hours after the vote was closed.
Chainlink explained that further,
As part of phase 3, SVR-activated markets now include all ETH-correlated assets such as Weth, WSTETH, WEERH, CBETH, Reth, OSETH, RSETH, ETHX and USDC. The remaining assets are considered in a follow -up vote because of their unique token mechanics or other considerations that require extra due diligence.
Phase 1 and phase 2 -mechanics
Phase 1, which started at the end of 2024, marked the first activation on SVR chains, focused on BTC and ETH prize feeds on Aave V3 that was deployed on the Ethereum Maintje. The assets in this phase were WBTC, ETH, Aave and Link, all high-liquidity, commonly used tokens.
This first step was deliberately conservative. In summary in our earlier report, the primary goal was to validate the core mechanics of SVR, including the reliability of the Oracle, the robustness of his Fallback mechanism and whether the price update -Logica could seamlessly communicate with Defi -Protocols as an aave, false triggers.
After these fundamental elements were confirmed as intended, phase 2 was launched. SVR extended this to Prime Pool assets, including stablecoins such as USDC, and further integrated ETH-based tokens with similar Oracle dependencies. It also broadened the rollout further than Ethereum by covering extra BTC/ETH-correlated tokens over Avalanche, a multichain test that added complexity and volume.
This phase was especially crucial because it tested the performance of SVR in environments with a higher value and under real-time stress conditions powered by volatile markets and liquidity flows of cross-chain. The result of these first two phases was a consistent demonstration that SVR could not only record Oracle-Extra-Extra value efficiently, but could also redistribute it in a non-disturbing and protocol-released way, all with retention of system safety.
