Aave

Token

DeFi

<ul>
 <li>Aave V4, Aave Network, Cross-Chain Liquidity Layer, and non-EVM L1 deployments are on the pipeline as per the new roadmap.&nbsp;</li>
 <li>The Aave ecosystem holds a $10 billion TVL, ranking as the third-largest in DeFi.</li>
</ul>
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 <a href="https://thenewscrypto.com/defi-emerges-as-viable-distribution-channel-for-rwas-fathom-co-founder/" target="_blank" rel="noopener noreferrer nofollow">RWAs</a> (real-world assets) and CDPs (Collateralized Debt Positions)—and enhanced integrations with <a href="https://thenewscrypto.com/aave-dao-successfully-launches-gho-stablecoin-on-ethereum-mainnet/" target="_blank" rel="noopener noreferrer nofollow">GHO</a>, Aave’s native stablecoin.&nbsp;
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.
<div class="wp-block-image">
 <figure class="aligncenter size-full"><img decoding="async" width="639" height="406" src="https://thenewscrypto.com/wp-content/uploads/2024/05/Plan.jpg" alt="" class="wp-image-97358" srcset="https://thenewscrypto.com/wp-content/uploads/2024/05/Plan.jpg 639w, https://thenewscrypto.com/wp-content/uploads/2024/05/Plan-300x191.jpg 300w" sizes="(max-width: 639px) 100vw, 639px">
 <figcaption class="wp-element-caption">Source: <a href="https://governance.aave.com/t/temp-check-aave-2030/17539" target="_blank" rel="noopener noreferrer nofollow">Aave 2030 Proposal</a>
 </figcaption>
 </figure>
</div>
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:
<blockquote class="wp-block-quote">
 “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.”
</blockquote>
<h3 class="wp-block-heading" id="h-current-metrics-of-aave-ecosystem">Current Metrics of Aave Ecosystem</h3>
Currently, Aave stands as the third largest DeFi protocol holding a TVL of $10.14 billion across 12 chains. As per DeFiLlama <a href="https://defillama.com/protocol/aave#information" target="_blank" rel="noopener noreferrer nofollow">data</a>, $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.

Aave V4 Launch Set for 2025: What’s Outlined in the 2030 Roadmap?

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