Aave V4 Deposits Surpass $1 Billion Milestone

Aave V4, launched on Ethereum on March 30, 2026, has reached $1 billion in total deposits. The protocol utilizes a 'Hub and Spoke' architecture to improve capital efficiency. Growth has been managed through a series of deposit cap increases, often executed by a multisig committee to bypass the two-week governance voting process, allowing for more agile adjustments to liquidity pools.