[Aave V4 Deposit Volume Rises to $806 Million, Up 30% in 7 Days] According to a report by Jinse Finance, on August 28, the Aave on-chain dashboard showed that the deposit volume of Aave V4 users reached $806 million, a 30% increase over 7 days, marking a new all-time high. The active loan volume stands at $216 million. Currently, V4 is deployed across Ethereum, Optimism, and Avalanche, with Ethereum Core deposits at $378 million, EtherFi Cash on Optimism at $257 million, Ethereum Global Dollar at $75 million, and Ethereum Prime at $63 million. The deposit volume for Aave V3 users remains at $31 billion, with Ethereum Core accounting for $25 billion. According to Aave documentation, V4 adopts a hub-and-spoke system to centralize liquidity and accounting processes, while setting independent borrowing rules and risk limits for different markets. (The Defiant)