Aave V4 has been deployed to the Avalanche network, marking the first multi-chain deployment using the Hub & Spoke architecture

Aave V4 has been deployed to the Avalanche network, marking the first multi-chain deployment of the Aave V4 Hub & Spoke architecture. This deployment includes a core liquidity hub and three sub-markets: the main market supports lending of 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 with a 95% collateral rate and borrow WAVAX; the foreign exchange market supports mutual 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 avoid liquidity fragmentation. Aave stated that since its deployment on Avalanche in 2021, the historical cumulative inflow for V2 and V3 has exceeded $15 billion, and the current stablecoin utilization rate in the V3 market is over 90%.