Aave Founder Addresses V4 Criticism, Highlights $1.2 Billion in Deposits

Aave founder Stani Kulechov clarified misconceptions regarding Aave V4 on X, noting that the protocol has already attracted approximately $1.2 billion in deposits across networks including Ethereum, Avalanche, and Arc. Stani emphasized that V4's codebase is smaller than V3's and allows Spoke modules to utilize Hub liquidity directly, avoiding the need to build liquidity from scratch. He explained that while Hub and Spoke are isolated by default based on risk, markets with similar risk profiles can share liquidity through the Hub to improve capital efficiency. Stani argued that full liquidity isolation would lead to fragmentation, lower utilization, and higher costs for users.