Aave V4 Launched on Avalanche Network, First Multi-Chain Hub & Spoke Architecture

Aave V4 was successfully deployed on the Avalanche network on July 15, marking the first multi-chain deployment of its Hub & Spoke architecture. This deployment includes a core liquidity hub and three sub-markets. The main market supports lending for assets such as WAVAX, BTC.b, USDC, USDT, and WETH.e; the AVAX-related market focuses on AVAX liquidity staking strategies, allowing users to deposit sAVAX and borrow WAVAX at a 95% collateralization rate; the forex market supports mutual collateralization and lending between three stablecoins: EURC, USDC, and USDT. The core liquidity hub employs a shared liquidity pool design, with all sub-markets sharing the same pool to avoid liquidity fragmentation. Since 2021, Aave's V2 and V3 on Avalanche have seen a total inflow of over $15 billion, and the current stablecoin utilization rate in the V3 market exceeds 90%.

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