LlamaRisk recommends doubling the Monad PT-AUSD supply cap to 60 million

What happened

LlamaRisk recommended raising the PT-AUSD-17DEC2026 supply cap on Aave V3 Monad from 30 million to 60 million.

What changed

The change would double how much of this token Aave accepts as collateral, which raises the possible exposure compared with the liquidity available to sell it.

What did not change

The source does not show that the change was made. It shows no change in collateral LTV, no exploit of the core contracts and no bad debt.

Confirmed

• The proposal raises the PT-AUSD-17DEC2026 supply cap on Monad from 30 million to 60 million.
• LlamaRisk names the Risk Steward process as the way to make the change.
• The source discusses a linear-discount oracle that references AUSD/USD and a maturity of Dec. 17, 2026.

Still open

• We have not confirmed the transaction or the live supply cap.
• Nobody has independently reproduced the source's position-health and liquidity figures.

What it means for an advisor

• Check the Risk Steward transaction; Ketju will add the reserve's cap, oracle and how holders sell at maturity to its Aave V3 review.
• Do not assume a larger supply cap widens the assets or chains Ketju approves.