Aave V4 deposits hit record $806M after 30% weekly rise

Aave V4 deposits have reached a record $806 million after climbing 30% over seven days, while active loans have increased to $206 million. Summary Aave V4 deposits rose above $800 million within six days of crossing $600 million. Ethereum Core leads the six listed markets with $378 million in deposits. Active EtherFi loans reached $62 million as the market’s utilization rate climbed to 92%. Aave V3 remains much larger, holding approximately $31 billion in deposits. Aave V4 deposits accelerate past $800 million Aave’s on-chain dashboard shows that V4 deposits reached $806 million on Aug. 27, extending a rapid rise that began earlier in the month. Deposits passed $500 million on Aug. 19 and exceeded $600 million two days later before adding more than $200 million over the following six days. Within the total, V4 deposits on Ethereum passed $500 million on Aug. 25. The dashboard divides the capital among several markets with separate collateral rules, borrowing limits, and risk settings instead of placing every asset inside one common lending pool. Ethereum Core is the largest market, holding $378 million, or about 47% of all V4 deposits. EtherFi Cash on Optimism follows with $257 mil...