DeFi lending protocol Aave is preparing to unveil version 4 (V4) in mid-2025 with an array of enhancements outlined in the 'Aave 2030 Roadmap', presented recently. V4 plans to introduce a sophisticated architecture to optimize liquidity management, minimize risks, and enhance capital management efficiency for users. Notable additions include a 'Unified Liquidity Layer' with isolation pools, new borrow modules for real-world assets (RWAs) and Collateralized Debt Positions (CDPs), and improved integration with GHO, the stablecoin of Aave.
Aave V4 will implement fully automated interest rates, adjusted borrowing costs through Liquidity Premiums, reverse auction mechanisms, and other innovative features while unveiling a new visual identity.
Interestingly, the roadmap provides a detailed breakdown of upcoming upgrades and events for the next three years, commencing in Q2 2024. A budget of 15 million GHO and 25,000 stkAAVE is sought to kickstart the initial year of the plan.
According to Aave Labs, the vision for 'Aave 2030' focuses on evolving into a chain-agnostic liquidity protocol with the help of CCIP, Superchains, and V4's Unified Liquidity Layer, paving the way for secure cross-chain liquidity infrastructure.
Current Aave Ecosystem Metrics
Aave currently ranks as the third largest DeFi platform with a Total Value Locked (TVL) of $10.14 billion across 12 chains. DeFiLlama data indicates that Aave V3, launched in early 2023, holds assets worth $8.15 billion while V2, introduced in December 2020, boasts a TVL of $1.97 billion.
The governance of the protocol is open to over 450,000 AAVE holders. Furthermore, Token Terminal statistics show a 43% surge in daily active users over the last 30 days, peaking at 9.17k. At the time of writing, AAVE is trading at $83.41 with a market capitalization of $1.23 billion. The token recorded a 3.8% increase in value in the last 24 hours post the announcement of Aave V4.
- Source: Aave 2030 Proposal
