Aave’s on-chain dashboard shows that active loans on Aave V4 currently stand at $216 million, with the protocol deployed across Ethereum, Optimism, and Avalanche. The disclosed market-level figures show Ethereum Core deposits at $378 million, EtherFi Cash on Optimism at $257 million, Ethereum Global Dollar at $75 million, and Ethereum Prime at $63 million. At the same time, Aave V3 remains far larger by deposits, with user deposits still totaling $31 billion, including $25 billion on Ethereum Core alone. Aave’s documentation says V4 uses a hub-and-spoke system designed to centralize liquidity and accounting while setting separate borrowing rules and risk limits for different markets.
According to ChainCatcher, Aave’s on-chain dashboard shows that active loans on Aave V4 currently total $216 million. The V4 deployment covers Ethereum, Optimism, and Avalanche.
By market, Ethereum Core holds $378 million in deposits. EtherFi Cash on Optimism accounts for $257 million, while Ethereum Global Dollar stands at $75 million and Ethereum Prime at $63 million.
Aave V3 still holds a much larger deposit base
User deposits on Aave V3 still total $31 billion, including $25 billion on Ethereum Core.
V4 uses a hub-and-spoke architecture
Aave documentation says V4 uses a hub-and-spoke system to centralize liquidity and accounting, while setting separate borrowing rules and risk limits for different markets.
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