thenewscrypto.com
- Aave V4, Aave Network, Cross-Chain Liquidity Layer, and non-EVM L1 deployments are on the pipeline as per the new roadmap.
- The Aave ecosystem holds a $10 billion TVL, ranking as the third-largest in DeFi.
DeFi lending protocol Aave announces its plan to release version 4 (V4) by mid-2025, proposing multiple upgrades through the ‘Aave 2030 Roadmap’ on Wednesday.
Through V4, the protocol introduces a new “independent and abstracted” architecture to boost efficiency in managing liquidity, capital, and risks for users. To highlight, a ‘Unified Liquidity Layer’ is being introduced with upgraded features such as isolation pools, new borrow modules—especially for RWAs (real-world assets) and CDPs (Collateralized Debt Positions)—and enhanced integrations with GHO, Aave’s native stablecoin.
Also, Aave V4 comes up with “fully automated interest rates”, adjusted borrowing costs via “Liquidity Premiums”, reverse auction mechanisms, and other deployments coupled with unveiling a new visual identity.
Notably, the proposal unveils the details of upgrades and events in the pipeline for the first three years, starting from Q2 2024. The firm is seeking a budget of 15 million GHO and 25,000 stkAAVE to fund the first year of its three-year plan.
On X, Aave Labs noted:
“Aave 2030 is incrementally gearing towards becoming a chain-agnostic liquidity protocol. With CCIP, Superchains, and V4’s Unified Liquidity Layer, Aave can enable secure infrastructure for cross-chain liquidity.”
Current Metrics of Aave Ecosystem
Currently, Aave stands as the third largest DeFi protocol holding a TVL of $10.14 billion across 12 chains. As per DeFiLlama data, $8.15 billion worth of assets are locked in Aave V3, the version launched in early 2023. Meanwhile, V2, launched in December 2020, holds a TVL of $1.97 billion.
The team confirms that over 450,000 AAVE holders can participate in the protocol’s governance. Additionally, Token Terminal data shows a 43% spike in daily active users (DAU) over the past 30 days, reaching 9.17k. Meanwhile, at press time, the native token AAVE traded at $83.41 with a market cap of $1.23 billion. The token spiked 3.8% in the last 24 hours following the announcement of Aave V4.