AAVE V4 will be launched in Q4 with uniform cross-chain-Liquidity, because AAVE as the market leader in Defi loans with record high is $ 41.7 billion TVL.
Summary
- Aave V4-upgrades introduce the cross-chain liquidity layer, so that users can borrow and make collateral for both EVM and non-EVM chains.
- Aave now has almost half of the total liquidity of the sector, whereby V4 is expected to further accelerate growth by unlocking cross-chain capital efficiency and broader access to liquidity.
Aave Labs (Aave) has published the official launch roadmap for Aave V4, with completed milestones and upcoming phases such as V4 is undergoing the final assessment, testing and implementation, planned for Q4 this year.
Aave V4 introduces various important upgrades about its predecessor Aave V3. Central to the update is the cross-chain liquidity layer (CCLL), which collects liquidity over multiple block chains, allowing users to borrow assets on one chain and seamlessly borrow on the other. The layer uses the Chainlink interoperability protocol to facilitate these cross-chain transactions and expands support to both EVM and non-EVM chains, such as APTOs.
In anticipation of the full launch, AAVE Labs will release public documentation, a test network with a new user interface and a public codebase, allowing the community and service providers to taste V4workflows.
Source: Governance.aave.com
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Aave V4: Scaling Defi Lending with market leadership
Aave V4 builds on the success of V3 by improving scalability, flexibility and cross-chain functionality while maintaining the security and efficiency of the protocol. By making broader liquidity access and a more modular design possible, V4 Aave positions to conquer a larger market share in lending and borrowing over several chains.
From September, Aave will remain the clear market leader in Defi -Loingen, with more than $ 41.7 billion TVL – half of the sector $ 84.1 billion TVL – is the highest level so far, according to Defillama data.
Source: Defillama
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