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According to the Aave blog, Aave V4 has been deployed to the Avalanche network using the Hub&Spoke architecture. This deployment includes a core liquidity hub and three sub markets: the main market supports WAVAX, BTC. b, USDC, USDT, and WETH. e lending; AVAX related markets support depositing sAVAX and lending WAVAX; The foreign exchange market supports mutual collateralization and lending of EURC, USDC, and USDT. The core liquidity hub adopts a shared liquidity pool design. Aave has been deployed on Avalanche since 2021, with a historical cumulative inflow of over $15 billion for V2 and V3. Currently, the V3 market has a stablecoin utilization rate of over 90%.