Aave said its Avalanche V4 market has topped $125 million in deposits, more than four times the $20 million to $30 million range it recorded in September.
The deployment opened July 15 and supports WAVAX, sAVAX, BTC.b, USD Coin (USDC), Tether (USDT), WETH.e and EURC. A Hub can route liquidity among markets in comparable risk categories, with limits set in advance. Every Spoke has separate rules for collateral and borrowing.
Aave’s two earlier Avalanche versions had more than $15 billion in combined inflows. That cumulative figure is distinct from the amount currently deposited in V4 and does not describe its present balance.
Aave V4 is also deployed on Ethereum and Circle’s Arc blockchain. On Arc, outstanding loans totaled $106.5 million by Oct. 20, according to Aavescan data. That figure tracks borrowing still owed on Arc; it is separate from the Avalanche deposit total.
