According to BlockBeats, on July 15, Aave V4 was deployed to Avalanche Network, marking the first multi-chain deployment of its Hub & Spoke architecture. The deployment includes a core liquidity hub and three sub-markets: a primary market supporting WAVAX, BTC.b, USDC, USDT, and WETH.e; an AVAX-focused market for liquid staking strategies with 95% collateral ratio for sAVAX; and a forex market enabling cross-collateralization among EURC, USDC, and USDT.
The core liquidity hub uses a shared pool design to prevent fragmentation across all sub-markets. Aave has been deployed on Avalanche since 2021, with V2 and V3 combined inflows exceeding $15 billion to date.