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Aave V4 Deposits on Avalanche Surpass the $125 Million Mark

The deployment launched in July and had approximately $20 million to $30 million in deposits during September.

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Seven glass channels feed a central reservoir on rough stone / TokenPost.ai
Seven glass channels feed a central reservoir on rough stone / TokenPost.ai

Deposits on Aave V4’s Avalanche deployment have surpassed $125 million, Aave said. The deployment recorded approximately $20 million to $30 million in deposits during September.

The deployment launched on July 15 and added lending markets to Avalanche. It supports WAVAX, sAVAX, BTC.b, USDC, USDT, WETH.e and EURC through a Hub and Spoke design. Markets with similar risk profiles can share liquidity through the Hub within preset limits.

Combined inflows across Aave’s earlier Avalanche versions exceeded $15 billion. That historical figure covers activity across both previous versions and does not represent deposits currently held in V4. The $125 million total refers specifically to deposits on Aave V4 on Avalanche.

Aave V4 also operates on Ethereum and Circle’s Arc blockchain. Deposits on the separate Arc deployment exceeded $300 million on Oct. 12. The two totals refer to different networks.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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