Aave v4 deposits on Ethereum hit $200M, doubling in a month since launch. Active loans reach $60M, but utilization rates lag behind v3 levels.

Aave generated $907M in 2025 revenue and $333M YTD in 2026. Standard Chartered initiates coverage as the DeFi lender routes all fees to its DAO treasury.

Aave v4 deposits on Ethereum hit $200M, doubling in a month since launch. Active loans reach $60M, but utilization rates lag behind v3 levels.