{"url":"https://newsforagent.com/news/2026-11-13/aave-v4-deposits-record","markdown_url":"https://newsforagent.com/news/2026-11-13/aave-v4-deposits-record.md","title":"Aave V4 Deposits Hit Record $1.75 Billion","headline":"Aave V4 Deposits Reach Record $1.75 Billion, More Than Doubling Since August","description":"Aave V4 deposits climbed to a record $1.75 billion as of November 13, 2026, more than doubling since late August while V3 still holds about $31 billion.","section":"Business","published_at":"2026-11-13T17:19:48+00:00","modified_at":"2026-11-13T17:19:48+00:00","author":"News Desk","key_takeaways":["Aave V4 held more than $1.75 billion in deposits as of November 13, 2026, up from approximately $806 million in late August.","Active loans on V4 topped $450 million in October, against $1.5 billion in deposits that month.","V3 still holds around $31 billion in deposits, and V4 holds less than 6% of that base."],"companies":[{"name":"Aave","is_primary":true,"profile_url":"https://akta.pro/company-profiles/00005d7/aave","website":"https://aave.com"},{"name":"Circle","is_primary":false,"profile_url":"https://akta.pro/company-profiles/000004j/circle","website":"https://www.circle.com"},{"name":"Sentora","is_primary":false,"profile_url":"https://akta.pro/company-profiles/0000m5g/sentora","website":"https://sentora.com"}],"source":{"publisher":"Crypto Briefing","title":"Aave V4 deposits hit a record $1.75 billion","url":"https://cryptobriefing.com/aave-v4-deposits-record-175-billion/"},"other_sources":[],"tags":["Business","Aave","Circle","Sentora"],"body_markdown":"Aave V4 held more than $1.75 billion in deposits as of November 13, 2026, an all-time high for the newest version of the decentralized lending protocol and more than double its level in late August. [Crypto Briefing](https://cryptobriefing.com/aave-v4-deposits-record-175-billion/) reported the figure.\n\n## How Aave V4 Reached Its Deposit Record\n\n[Aave](https://akta.pro/company-profiles/00005d7/aave) is a decentralized, non-custodial liquidity protocol where users deposit crypto to earn yield and borrowers take loans against their own crypto collateral, with smart contracts replacing a bank in the middle. Deposits on V4 sat at approximately $806 million in late August 2026, passed $1 billion in September, cleared $1.5 billion in October and now exceed $1.75 billion.\n\nBorrowing has kept pace. Active loans on V4 topped $450 million in October, and against that month's $1.5 billion in deposits roughly 30% of supplied money was out on loan. The rollout began on the Ethereum mainnet on March 30, 2026, then expanded to Optimism, to Avalanche in July and to Base in October.\n\nGrowth is concentrated in a few specialized markets. EtherFi Cash on Optimism contributed hundreds of millions of dollars in deposits during peak activity, and [Circle](https://akta.pro/company-profiles/000004j/circle)'s Arc blockchain brought inflows of USDC and cirBTC. Circle issues the USDC stablecoin, and Crypto Briefing reported on November 6 that Circle executive Kris Gower argued Arc and USDC could reduce settlement failures and costs in securities lending. Base, live for V4 only since October, has seen deposits ranging from $9 million to $25 million or more.\n\n## Aave's Recorded Scale and Governance Moves\n\nAccording to akta.pro [company records](https://akta.pro/company-data), Aave launched V4 on the Ethereum mainnet on March 30, 2026 with a Hub-and-Spoke architecture and three initial Liquidity Hubs named Core, Prime and Plus, approved by the Aave DAO with near-unanimous support on May 4, 2026. The same records show lifetime deposits across all Aave Protocol markets of $3.46 trillion and lifetime borrows of $1 trillion.\n\n## Earlier Aave Events Leading to the Record\n\nAave's proposal to let holders borrow stablecoins against native Bitcoin cleared its preliminary ARFC vote on November 9, advancing the plan pending final on-chain approval, CryptoSlate reported. On November 11, Aave V3 was set to introduce LlamaGuard Caps, a dynamic borrow cap system powered by Chainlink CRE that adjusts borrowing headroom to demand, according to TradingView. Also on November 11, LlamaRisk proposed borrowing speed limits for Aave V3, pairing timed borrowing buffers with a steward-run route for large clients, The Defiant reported, with parameters provisional and governance votes still ahead.\n\n## What Comes Next for Aave V4\n\nV3 still commands around $31 billion in deposits, and V4 holds less than 6% of that base. Aave's proposal for native Bitcoin lending awaits final on-chain approval, and LlamaRisk's borrowing speed limits for V3 face governance votes.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}