# Aave Opens Three Externally Curated V4 Markets on Ethereum By Simon Yoon Canonical URL: https://www.tokenpost.com/news/technology/39044 Published: 2026-10-23T14:22:36.000Z Updated: 2026-10-23T14:22:36.000Z Section: Technology > The markets let users borrow RLUSD, PYUSD and OUSD against yield-bearing and blue-chip collateral. 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. ## Links in this article - [V4 lending markets on Avalanche](https://www.tokenpost.com/news/technology/28161)