Aave V4 user deposits climbed to $806 million, up 30% over the past week and marking a record high, according to an on-chain dashboard cited by The Defiant. Deposits crossed $500 million on Aug. 19, surpassed $600 million on Aug. 21, and topped $800 million six days later.
Ethereum V4 deposits alone exceeded $500 million on Aug. 25. Active loans on V4 reached $216 million, while EtherFi Cash became the protocol’s second-largest market with $257 million. Current market deployments include Ethereum Core at $378 million, EtherFi Cash on Optimism at $257 million, Ethereum Global Dollar at $75 million, and Ethereum Prime at $63 million.
By deposit composition, weETH led with $97 million, followed by USDG at $90 million, while WETH and USDC each stood at $81 million.
Aave V4 Deposits Top $806 Million After 30% Weekly Increase
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