Aave V4 has been deployed to the Avalanche network; Hub & Spoke architecture completes multi-chain deployment for the first time.

BlockBeats news, July 15 — 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 one 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 liquid staking strategies. Users can deposit sAVAX at a 95% collateral ratio and borrow WAVAX;

The FX market supports cross-collateralization and borrowing between three stablecoins: EURC, USDC, and USDT.

The core liquidity hub uses a shared liquidity pool design. All sub-markets share the same pool to avoid liquidity fragmentation. Aave said that since deploying on Avalanche in 2021, the historical cumulative inflows for V2 and V3 have exceeded $15 billion, and the stablecoin utilization rate in the V3 market is currently over 90%.

AAVE-3.53%
AVAX0.44%
BTC-0.36%
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