Aave V4 Set for Ethereum Launch With $1.5M Security Backing has moved closer to reality after governance approval. The proposal to activate the upgrade on Ethereum mainnet passed a community snapshot vote, marking a key step toward deployment after extensive testing and audits.
The Aave community has approved the V4 upgrade through a governance snapshot vote. This step allows the protocol to move forward with Ethereum mainnet activation. The decision follows months of discussion and technical evaluation.
Aave Labs confirmed that the upgrade has undergone a long security process. The review lasted 345 cumulative days and included audits, formal verification, and fuzz testing. The DAO also approved a $1.5 million budget dedicated to security efforts.
🚨LATEST: AAVE V4 ACTIVATION ON ETHEREUM MAINNET PASSES GOVERNANCE SNAPSHOT@Aave Labs has secured community approval to deploy Aave V4 to Ethereum Mainnet following a year-long security review spanning 345 cumulative days of audits, formal verification, fuzzing, and a $1.5M… pic.twitter.com/qBi8RbrWUW
— BSCN (@BSCNews) March 23, 2026
The approval reflects community support for the next version of the lending protocol. Governance participants reviewed technical documents and risk parameters before casting votes.
Aave V4 introduces a Hub and Spoke structure designed to manage liquidity more efficiently. The Hub contains shared liquidity pools, while Spokes define separate borrowing environments. Each Spoke can apply different risk parameters.
This structure allows assets to be managed across multiple environments without fragmenting liquidity. It also enables new configurations for lending and borrowing markets. Developers can adjust parameters without affecting the entire system.
Launch assets include $wETH, $wBTC, $USDC, $USDT, $LINK, $AAVE, and $GHO. Tokenized assets such as $XAUt and various liquid staking tokens are also included. These assets will be distributed across Core, Prime, and Plus Hubs.
Data shows that Mantle has reached a total value locked of $755 million. This level is about 1.9% below its all time high. The growth places Mantle among the fastest expanding blockchain networks.
Tracking the fastest growing chains of the year.
I’ve been looking at the metrics for different blockchains, and the results are very interesting. I’ve put together a table showing which chains are growing organically and are close to their ATHs.@Mantle_Official is currently… pic.twitter.com/U73qjH6ud6
— Jordi in Cryptoland (@lordjorx) March 23, 2026
The increase in TVL followed Aave deployment on Mantle. TVL rose from $254 million to around $755 million within a short period. This growth reflects increased capital activity across multiple protocols.
Other networks such as MegaETH and Monad are also showing steady growth. At the same time, larger networks like Ethereum and Solana remain about 50% below their peak levels. In the Layer 2 segment, Base shows retention near 71.8%.
Capital deployment on Mantle has expanded beyond simple deposits. Over $100 million in wrsETH from KelpDAO has been supplied to Aave. Infinit Labs has facilitated about $3 million in total value flow.
Merchant Moe has reported more than $1.98 million in total value locked. These figures show growing participation across lending and trading platforms. Activity is spreading across different DeFi use cases.
Cian protocol has also gained traction by offering automated strategies. It allows users to perform looping strategies on Aave to use incentives. This approach has attracted around $200 million in total value locked, showing increased user engagement.