Total Value Locked$663.35m
TVL by Chain
Ethereum$447.07m
Arc$184.31m
Avalanche$31.97m
Key Metrics
Fees 30d$975,911
Fees 30d by chain
Ethereum$825,190
Arc$134,919
Avalanche$15,804
Fees 7d$262,685
Ethereum$186,527
Arc$72,269
Avalanche$3,889
Fees 24h$39,532
Ethereum$27,585
Arc$11,144
Avalanche$803
Cumulative Fees$2.15m
Ethereum$1.98m
Arc$134,919
Avalanche$28,278
Revenue 30d$135,746
Revenue 30d by chain
Ethereum$119,888
Arc$13,441
Avalanche$2,417
Revenue 7d$35,630
Ethereum$27,846
Arc$7,209
Avalanche$575.08
Revenue 24h$5,256
Ethereum$4,050
Arc$1,111
Avalanche$95.50
Cumulative Revenue$301,342
Ethereum$283,599
Arc$13,441
Avalanche$4,301
Holders Revenue 30d$0
Holders Revenue 30d by chain
Arc$0
Avalanche$0
Ethereum$0
Holders Revenue 7d$0
Arc$0
Avalanche$0
Ethereum$0
Holders Revenue 24h$0
Arc$0
Avalanche$0
Ethereum$0
Cumulative Holders Revenue$0
Arc$0
Avalanche$0
Ethereum$0
Collateral Liquidated 30d$179,270
Collateral Liquidated 30d by chain
Ethereum$172,357
Avalanche$6,506
Arc$406.84
Collateral Liquidated 7d$95,293
Ethereum$92,581
Avalanche$2,311
Arc$401
Collateral Liquidated 24h$24,629
Ethereum$21,925
Avalanche$2,303
Arc$401
Cumulative Collateral Liquidated$179,270
Ethereum$172,357
Avalanche$6,506
Arc$406.84
Active Loans$418.23m
Protocol Information
Aave V4 is a modular lending protocol on Ethereum featuring a hub-and-spoke architecture
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 GitHubCollateral Liquidated: Collateral removed from borrowers in Aave V4 Spoke LiquidationCall events (collateralAmountRemoved), in the collateral reserve underlying.View code on GitHubYields
Pools Tracked39
Average Supply APY1.49%
Competitors
Frequently asked questions
What is Aave V4's TVL?
Aave V4 currently has $663.35m in total value locked. TVL has increased 64.9% over the past 30 days.
What chains does Aave V4 operate on?
Aave V4 operates on 3 chains: Ethereum, Arc, and Avalanche. Ethereum holds the largest share at 67.4%.
How much has Aave V4 generated in fees and revenue?
Over the past 30 days, Aave V4 generated $975,911 in fees. Of that, $135,746 was protocol revenue. Based on the trailing year, the annualized rate is $3.92m in fees and $549,950 in revenue.
How does Aave V4's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Aave V4 ranks #12 by TVL. The category holds $52.181b across 516 protocols, and Aave V4 accounts for 1.3% of that total. Other leading protocols include Morpho Blue, Aave V3, Euler V2, Aave V2, BiFi, Silo V2, Folks Finance xChain, TermFinance Lend, OmniBTC, and dForce Lending.
How much has been borrowed through Aave V4?
Aave V4 currently has $418.23m in active loans.

