Deposits in Aave's fourth version on the Avalanche network have surpassed $225 million, marking a 295% increase since late October. Outstanding loans on the platform now exceed $100 million. The protocol launched on Avalanche in July 2026 as the first expansion beyond Ethereum mainnet.
The growth follows Aave V4's March 2026 debut on Ethereum using a hub-and-spoke design to concentrate liquidity. Avalanche was chosen for expansion due to its established Aave user base and growing tokenized asset activity. Some recent deposits relate to Ethena Pay's Earn+ feature, which directs funds to an externally managed vault.
Read the full story on BSC News: Aave V4 Deposits on Avalanche Top $225 Million, Up 295% Since Late October
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