Aave V4 TVL tops $800M, hits record high

Aave said via its official X account early today that total value locked in V4, the fourth-generation version of its crypto lending protocol, has surpassed $800 million to reach a record high. Aave added that V4’s TVL has risen about 30% over the past seven days. Launched on mainnet in early May, Aave V4 has expanded its TVL 16-fold in about four months. According to CoinMarketCap, AAVE was trading at $128.24, up 3.13%, at the time of writing.