💰 AAVE V4 JUST PULLED IN $600M. DEFI IS BACK? 💀
🏦 Ethereum Deposits: ~$602M
💵 Ethereum Active Debt: ~$228M
🏔️ Avalanche Deposits: ~$20.21M
📊 Avalanche Loans: ~$5M
Aave V4 on Ethereum has already attracted roughly $602M in deposits, while active borrowing has reached around $228M.
👀 Avalanche is starting much smaller, with approximately $20.21M deposited and $5M in loans.
🔥 The interesting part isn't simply the $600M headline.
V4 is already being market-tested with hundreds of millions of dollars in real capital, giving users a new lending infrastructure to supply liquidity and access leverage.
💀 $600M in deposits. Now let's see what people actually do with the leverage.
If borrowing activity continues catching up with deposits, that could be a stronger signal that capital is moving back into productive DeFi activity, rather than simply sitting idle.
💭 Is Aave V4 kicking off a real DeFi comeback — or is everyone just looking for somewhere to park their capital?
#AAVE #defi #Ethereum #writetoearn $AAVE