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Aave V4 went live on the Ethereum mainnet with a new modular design aimed at improving lending

Aave Labs has launched Aave V4 on Ethereum mainnet, introducing a modular, “central‑radial” architecture intended to centralize liquidity while enabling independently configured radials for different risk profiles [1][5].

Mar 31, 20262:28 AMNewsroom AI

Aave V4 went live on the Ethereum mainnet with a new modular design aimed at improving lending efficiency, risk control and capital efficiency for users worldwide [1].

The upgrade introduces a “central‑radial” structure that centralizes liquidity and allows separate radials to be configured with independent risk parameters and lending conditions, targeting use cases such as structured loans, fixed‑rate lending and tokenized asset‑backed loans [2].

Aave Labs said V4 will run alongside V3 rather than forcing an immediate migration after pushback from the Aave DAO; V3 remains the largest DeFi protocol with nearly $24 billion in user deposits [3] [4].

Separately, Aave has begun activity on the X Layer as other ecosystems — including OKX’s Ethereum L2 — add lending options, underscoring broader network integrations tied to the V4 rollout [5].

With V4 live, Aave positions the protocol to support more configurable, real‑world lending products while leaving migration and governance decisions to the DAO and users [1] [2] [3].

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