Stani: Save V4 attracts $1.2 billion in deposits, improves capital efficiency through Hub and Bike

Aave founder Stani stated that Aave V4 has attracted $1.2 billion in deposits and is deployed on networks such as Ethereum, Avalanche, and Arc, while supporting third-party curatorial institutions such as EtherFi. Stani believes that the code base size of Aave V4 is smaller than that of Aave V3, and Spoke can directly use Hub liquidity without accumulating from scratch. The Hub and Spoke in Aave V4 are isolated by default based on risk conditions. Markets with similar risks can share liquidity through the Hub and improve fund utilization within a set limit. Stani stated that completely isolating liquidity would lead to fragmented funds, decreased utilization rates, and increased user costs.