AL Development Update | July 2026

Aave Labs launched Aave V4 on Avalanche—its first expansion beyond Ethereum—crossing $325M in deposits (an all-time high, nearly doubling over the month), and launched Aave V3 on Monad while preparing the Maple syrupUSDG Spoke on Ethereum for August 1st execution. The team published Certora's formal verification reports for V4, deployed a Remote GSM on Arbitrum and GHO on Monad, launched Stable Vaults as a core component of the Aave App and Aave Kit, and grew Aave Horizon deposits to $358M. Additional July work included portfolio discipline measures deprecating roughly $85M in legacy V3 reserves and matured Pendle PTs, GHO backing reaching 245% against a 601M supply, and advancing the Babylon TBV integration for native Bitcoin collateral.