Aave V4 Launches on Avalanche Network, Expanding Beyond Ethereum for the First Time

Odaily Odaily reported that decentralized lending protocol Aave Labs announced that Aave V4 has officially launched on the Avalanche network. This marks the first expansion of this version beyond the Ethereum blockchain since its deployment. The deployment is part of Aave founder Stani Kulechov's plan to introduce tokenized RWAs into the protocol. V4 adopts a "core-branch" architecture to isolate risks between different liquidity hubs. The Avalanche deployment operates one core liquidity hub and three independent markets, including the main market, an AVAX-correlated market, and a foreign exchange market.