Aave V4 Deploys on Avalanche in First Multi-Chain Hub & Spoke Rollout

Aave V4 has been deployed on the Avalanche network, marking the first multi-chain deployment of its Hub & Spoke architecture. According to ChainCatcher, the 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 liquid staking strategies, allowing users to deposit sAVAX at a 95% loan-to-value ratio and borrow WAVAX. The foreign exchange market supports cross-collateralization and lending among three stablecoins: EURC, USDC, and USDT. The core liquidity hub uses a shared liquidity pool design, where all sub-markets draw from the same pool to prevent liquidity fragmentation. Aave noted that it has been deployed on Avalanche since 2021, with cumulative historical inflows exceeding $15 billion across V2 and V3, and current V3 stablecoin utilization rate above 90%.