PANews reported on March 30th that, according to The Block , the decentralized lending protocol Aave has launched its V4 version on the Ethereum mainnet, introducing a " Hub and Spoke " architecture. This architecture provides credit lines to different lending markets through a centralized liquidity hub. V4 will establish three liquidity hubs: Prime , Core , and Plus , to isolate and manage assets and use cases with different risk levels. The exposure of each " spoke " market will be controlled by the central credit line cap to enhance risk isolation and capital efficiency. The new version supports more granular collateral pricing, more types of collateral assets, and will integrate a Reinvestment Module to automatically allocate unused liquidity to low-risk strategies. It also deeply integrates the native stablecoins GHO and sGHO , and plans to support NFT- based and data-driven collateralized lending. Projects such as Lido , EtherFi , Kelp , Ethena , and Lombard will be among the first " spokes " to connect. Aave Labs will control the listing permissions for new markets through DAO governance in the short term.


