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According to ChainCatcher, Aave has officially launched its v4 upgrade on Ethereum after about two years of development. The upgrade introduces a new architecture that enables separate lending markets to operate independently while sharing liquidity, aiming to extend DeFi from crypto-native lending to real-world assets and institutional use cases. The v4 version changes the way Aave's markets are organized, allowing different types of lending markets to function independently while sharing the same liquidity pool. This will enable users to borrow and lend assets beyond crypto tokens in the future. Aave Labs founder Stani Kulechov stated that lending is based on trust and requires lending conditions that reflect market situations. He also pointed out that this upgrade makes it easier for other teams to build and expand on top of the protocol. In terms of capital efficiency, v4 also enables the reinvestment of idle funds within the system. The upgrade was launched with a limited set of markets and conservative parameter settings, with additional features to be added following governance decisions. This launch comes at a time when there are ongoing governance disputes within the Aave ecosystem regarding decentralization and revenue distribution.

BlockBeats news, on March 30, the fourth-generation version of the decentralized lending protocol Aave, Aave V4, was officially deployed on the Ethereum mainnet today. Aave V4 adopts a brand-new "hub-and-spoke" architecture, concentrating liquidity at the "hub," which is accessible by different financial markets through the "spokes." Each spoke can independently configure risk parameters and lending environments, aiming to facilitate a broader range of real-world credit markets including structured loans, fixed-rate lending, and credit supported by tokenized assets. Aave Labs CEO Stani Kulechov stated that the team will adopt a "controlled launch" strategy, with initial governance managed by the DAO. At launch, major on-chain applications such as Lido, EtherFi, Kelp, Ethena, and Lombard plan to be the first to deploy spokes. In terms of risk management, V4 introduces a "credit limit" mechanism, where the exposure cap for each use case is constrained by credit limits. Meanwhile, the system supports more precise risk pricing at the collateral level. It is reported that V4 has undergone over a year of security testing, and the core protocol has never experienced a hacker attack in its multi-chain deployments. Kulechov said the focus of V4 will be on the "borrowing side," leveraging Aave’s on-chain liquidity to create strong borrowing demand and channel it back into the real economy. This launch comes as Aave DAO has experienced months of governance turmoil. Recently, Kulechov proposed the "Aave Will Win" reform plan, aiming to transform Aave Labs into a subsidiary of the DAO to streamline the governance structure.

```htmlGolden Ten Data March 30 — According to foreign media reports, tankers originally transporting diesel to Europe have altered their course in the Atlantic Ocean, further indicating that amid disruptions caused by the Iran war, the world is engaged in a contest surrounding tightening fuel supplies. Based on data from Vortexa and vessel tracking, the Aliai, Minerva Vaso, and Grand Ace6 have all recently loaded diesel-type fuel in the United States. All three ships were initially bound for Europe, with the latter two destined for Amsterdam and Aliai indicating Gibraltar. Subsequently, these vessels made significant course changes in the Atlantic: Grand Ace6 now lists Togo as its destination, while the other two are sailing southeast. The Iran war has driven up refined oil prices. Asian supply is already under severe pressure, and if the Strait of Hormuz does not reopen, Europe will face diesel shortages within the coming weeks.```