# Aave’s SpaceX Token Plan Faces Thin Trading

> Aave’s SpaceX token collateral plan risks liquidation due to low trading volume ahead of Oct 22 share unlock.
- Title: Aave’s SpaceX Token Plan Faces Thin Trading · TokenPost
- Summary: Aave’s SpaceX token collateral plan risks liquidation due to low trading volume ahead of Oct 22 share unlock. Aave’s proposed SpaceX share token collateral…
- Keywords: aave, spacex, spcx, usdc, base, liquidation, share unlock, collateral, crypto, finance, Token, Plan
- Source: TokenPost — https://tokenpost.com/news/investing/36971
- Published: 2026-10-21T19:38:23+00:00
- Read time: 1 min
- Topics: aave, spacex, spcx, usdc, base, liquidation, share unlock, collateral, crypto, finance
## Aave’s SpaceX Token Plan
Aave Labs proposed accepting SpaceX share certificates as loan collateral through its V4 Equities Hub on Base.
## Limited Trading Depth
Onchain trading depth on Base is $370,000 at 2% price impact, making the proposed cap of 37,000 SPCXc about 15 times that amount.
## Oct 22 Share Unlock
1.313 billion SpaceX shares become eligible for sale on Oct 22, 28% of a 4.691 billion-share lockup pool.
## Key takeaway

Aave’s proposed SpaceX share token collateral for loans faces liquidation risks as onchain trading depth is too low for Oct 22 share unlock.