Mahone Defi(@MahoneDeFi):Aave V4’s Ethereum Core Hub is starting to show what shared liquidity can look like in practice. • $375M in deposits • $152M in active loans • 40% weighted utilisation • $2.36M annualised fees • $510K annualised protocol revenue The key point isn’t just the deposit base. At 40% utilisation, borrowing demand is already meaningful while the hub still has substantial available liquidity to absorb more activity. As utilisation rises, fee generation can scale without needing deposits to grow at the same pace. The current 30D run-rate also implies roughly a 22% protocol take from gross fees, a useful signal that V4 liquidity is beginning to translate into revenue, not just TVL. Source: @Token

2026.08.26 05:35

Aave V4’s Ethereum Core Hub is starting to show what shared liquidity can look like in practice. • $375M in deposits • $152M in active loans • 40% weighted utilisation • $2.36M annualised fees • $510K annualised protocol revenue The key point isn’t just the deposit base. At 40% utilisation, borrowing demand is already meaningful while the hub still has substantial available liquidity to absorb more activity. As utilisation rises, fee generation can scale without needing deposits to grow at the same pace. The current 30D run-rate also implies roughly a 22% protocol take from gross fees, a useful signal that V4 liquidity is beginning to translate into revenue, not just TVL. Source: @Token_Logic