Aave Opens Three Externally Curated V4 Markets on Ethereum

Aave has opened three Ethereum markets for V4, letting users borrow RLUSD, PYUSD and OUSD against yield-bearing and blue-chip collateral in its first externally curated launch.

@SentoraHQ set the strategies for all three markets. The collateral consists of yield-bearing and blue-chip assets, while the three stablecoins are available to borrow.

Aave operates a noncustodial lending protocol where users deposit assets and borrow by pledging collateral. In these markets, borrowers use eligible assets as collateral to access RLUSD, PYUSD or OUSD.

V4’s Hub-and-Spoke structure gives spoke markets access to liquidity held by a shared Hub, subject to preset limits. The protocol has also deployed V4 lending markets on Avalanche. The Ethereum launch adds three markets and introduces outside-set strategies to Aave V4.