Logo of Aave V4Aave V4(AAVE)
Total Value Locked$401.24m

TVL by Chain

Ethereum$385.39m

Avalanche$15.85m

Key Metrics

Fees 30d$498,459
Fees 30d by chain

Ethereum$488,298

Avalanche$10,161

Fees 7d$148,612

Ethereum$143,983

Avalanche$4,629

Fees 24h$22,458

Ethereum$21,886

Avalanche$572

Cumulative Fees$1.17m

Ethereum$1.16m

Avalanche$11,973.24

Revenue 30d$74,298
Revenue 30d by chain

Ethereum$72,765

Avalanche$1,532.56

Revenue 7d$22,686

Ethereum$22,099

Avalanche$587.46

Revenue 24h$3,416

Ethereum$3,339

Avalanche$77.12

Cumulative Revenue$165,586

Ethereum$163,739

Avalanche$1,845.64

Holders Revenue 30d$0
Holders Revenue 30d by chain

Avalanche$0

Ethereum$0

Holders Revenue 7d$0

Avalanche$0

Ethereum$0

Holders Revenue 24h$0

Avalanche$0

Ethereum$0

Cumulative Holders Revenue$0

Avalanche$0

Ethereum$0

Active Loans$257.64m

Protocol Information

Aave V4 is a modular lending protocol on Ethereum featuring a hub-and-spoke architecture

WebsiteTwitter
Category:Lending

Audits:

Methodology

TVL: Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.View code on GitHubFees: Borrow interest paid by borrowers plus protocol share of liquidation bonuses.View code on GitHubRevenue: Protocol share of borrow interest plus protocol share of liquidation bonuses.View code on GitHubHolders Revenue: No revenue shared to AAVE holders.View code on GitHub

Yields

Pools Tracked39

Average Supply APY1.9%

Competitors

Aave V3 ($17.382b)Morpho Blue ($9.943b)Euler V2 ($346.61m)Aave V2 ($110.35m)BiFi ($11.05m)Silo V2 ($5.61m)Folks Finance xChain ($5.22m)TermFinance Lend ($3.75m)OmniBTC ($1.72m)Silo V3 ($1.17m)

Frequently Asked Questions

What is Aave V4's TVL?

Aave V4 currently has $401.24m in total value locked. TVL has increased 82% over the past 30 days.

What chains does Aave V4 operate on?

Aave V4 operates on 2 chains: Ethereum and Avalanche. Ethereum holds the largest share at 96%.

How much has Aave V4 generated in fees and revenue?

Over the past 30 days, Aave V4 generated $498,459 in fees. Of that, $74,298 was protocol revenue. Based on the trailing year, the annualized rate is $2.49m in fees and $354,443.41 in revenue.

How does Aave V4's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, Aave V4 ranks #13 by TVL. The category holds $50.978b across 524 protocols, and Aave V4 accounts for 0.8% of that total. Other leading protocols include Aave V3, Morpho Blue, Euler V2, Aave V2, BiFi, Silo V2, Folks Finance xChain, TermFinance Lend, OmniBTC, and Silo V3.

How much has been borrowed through Aave V4?

Aave V4 currently has $257.64m in active loans.