Aave V4 has been deployed on the Avalanche network, marking the first multi-chain deployment leveraging the Hub & Spoke architecture.

Aave V4 has been deployed on the Avalanche network, marking the first multi-chain rollout of Aave V4’s Hub & Spoke architecture. The deployment comprises a core liquidity hub and three sub-markets: the main market supports lending and borrowing of assets including WAVAX, BTC.b, USDC, USDT, and WETH.e; the AVAX-focused market centers on AVAX liquid staking strategies, enabling users to deposit sAVAX at a 95% collateralization ratio to borrow WAVAX; the foreign exchange market facilitates collateralization and lending among three stablecoins: EURC, USDC, and USDT. The core liquidity hub adopts a shared liquidity pool design, with all sub-markets sharing the same pool to prevent liquidity fragmentation. Aave noted that since its initial deployment on Avalanche in 2021, cumulative inflows from its V2 and V3 markets have exceeded $15 billion, while the stablecoin utilization rate in its current V3 market stands at over 90%.