Overview
- Aave’s Request for Comment to advance V4 closed Monday with 100% support, with AAVE trading volume up more than 65% to over $448 million after the update.
- The ARFC is a non-binding temperature check that gathers feedback before an Aave Improvement Proposal, which is the binding onchain vote that can activate changes.
- V4 centers on a hub-and-spoke design that pools liquidity in a central Hub while Spokes run separate markets with their own risk limits, with deeper GHO stablecoin integration and a redesigned liquidation engine.
- The DAO reports roughly 345 cumulative days of security work for V4 and a $1.5 million budget covering audits, formal verification, fuzz testing, and a public contest.
- Key contributor groups BGD Labs and the Aave Chan Initiative plan to step back after governance disputes over revenue and oversight, a shift that could affect how quickly V4 is implemented.