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Aave V4 Active Loans on Circle's Arc Network Top $100 Million
The figure measures outstanding borrowing on Arc alone, rather than deposits or the total value of loans issued over time.

Aave V4's active loans on Circle's Arc blockchain have crossed $100 million, marking a borrowing milestone for the protocol's deployment on the network.
Aave announced the threshold on Oct. 20. Active loans measure borrowing that remains outstanding, so the figure captures debt on Arc alone. It does not measure deposits or count every loan made on the network since the deployment began.
Arc is Circle's layer 1 blockchain. The $100 million figure measures borrowing on that deployment, rather than activity across every network where Aave V4 operates.
The distinction matters when comparing Arc with Aave V4's broader activity.