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Aave V4 deposits hit $806 million as deposits surge 30% weekly
V4 also showed $216 million in active loans on its dashboard, and the latest reading lifted deposits above $800 million within six days of crossing $600 million.
Aave’s live onchain dashboard shows user deposits in V4 climbed to $806 million, topping a new all-time high above $800 million. The latest figure follows a 30% increase over the prior seven days and extends a steep rise through August, according to The Defiant.
Aave said V4 deposits crossed $500 million on Aug. 19 and $600 million on Aug. 21, before moving above $800 million six days later. The outlet also noted a separate announcement that Ethereum V4 deposits alone surpassed $500 million on Aug. 25.
The dashboard indicates V4 is supporting both borrowing and deposits, with $216 million in active loans shown for V4. In the EtherFi Cash market, Aave measured $62 million of active loans, with weETH collateral backing WETH borrowing at 92% utilization, the outlet reported.
The Defiant added that V4’s current deployment footprint spans Ethereum, Optimism, and Avalanche. Ethereum Core leads at $378 million, followed by EtherFi Cash on Optimism at $257 million, while other markets include Ethereum Global Dollar at $75 million and Ethereum Prime at $63 million. On Aug. 27, TokenLogic said EtherFi Cash had been live for two weeks and was moving toward a $500 million lending capacity target.
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