Aave’s live onchain dashboard listed V4 user deposits at $806 million. Deposits jumped by 30% over seven days and reached a new all-time high above $800 million.
The latest reading extends a steep August climb. Aave announced that V4 deposits crossed $500 million on Aug. 19 and $600 million on Aug. 21, before moving above $800 million six days later. A separate announcement said Ethereum V4 deposits alone crossed $500 million on Aug. 25. EtherFi Cash accounted for V4’s second-largest current market.
The market is supporting borrowing as well as deposits. V4 had $216 million in active loans on the dashboard. Aave separately measured $62 million of active loans in the EtherFi market, where weETH collateral backed WETH borrowing at 92% utilization.
The current market mix includes V4 deployments on Ethereum, Optimism and Avalanche. Ethereum Core held $378 million, followed by EtherFi Cash on Optimism at $257 million, Ethereum Global Dollar at $75 million and Ethereum Prime at $63 million. Avalanche Core and Ethereum Plus accounted for another $18 million and $15 million, respectively.
The deposit mix was led by weETH at $97 million and USDG at $90 million. WETH and USDC each accounted for $81 million, followed by liquidETH at $77 million, liquidUSD at $58 million and WBTC at $54 million.
