Aave V3 and V4 markets have been fully unfrozen, 9 types of assets LTV temporarily remain at 0
BIBIBI
AT A GLANCE
Aave said that the V3 and V4 markets have been fully unfrozen, but USDT types of 9 assets cannot temporarily be used as collateral for new loans.
Article
Aave Unfrozen V3 and V4 all markets,USDT types of 9 assets are temporarily unavailable as collateral
PANews October 30 reported that Aave posted on the X platform that the previously frozen Aave V3 and V4 markets affected by the Binance incident have now been fully unfrozen. As a continuing precautionary measure,USDT、USDC、USDT0、POL、WAVAX、sAVAX、XAUT、PAXG and OP's LTV will temporarily remain at 0, and cannot be used as collateral for new loans.Aave stated that during the freeze, only new deposits and borrowing were suspended; withdrawals and repayments continued as usual.Aave contracts were not affected by the incident, and all positions remained fully collateralized.
PANews reported that Aave stated on the X platform that the Aave V3 and V4 markets have now been fully unfrozen.
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These markets had previously been frozen due to the Binance incident.
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USDT、USDC、USDT0、POL、WAVAX、sAVAX、XAUT、PAXG and OP's LTV will temporarily remain at 0。
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The aforementioned 9 types of assets cannot temporarily be used as collateral for new loans.
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Aave stated that during the freeze, only new deposits and borrowing were suspended, while withdrawals and repayments continued as usual.
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Aave stated that its contracts were not affected by the incident and that all positions remained fully collateralized.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The markets being unfrozen means that the previously suspended new deposits and borrowing are no longer subject to a comprehensive freeze. However, the listed 9 types of assets remain subject to separate restrictions: their LTV is 0, and therefore they temporarily cannot support new collateralized borrowing.
Why it matters to readers
This update concerns whether the Aave V3 and V4 markets can normally accept new deposits and borrowing, and directly affects whether users holding these 9 types of assets can use them as collateral for new loans.
Beginners need to distinguish between “markets being unfrozen” and “certain assets being usable as collateral”; the statuses of withdrawals, repayments, and new collateralized borrowing also differ.
Risks and unknowns
Evidence not provided Aave the original X post link, so its full wording cannot be directly verified.
The evidence does not specify the details of the “Binance incident.”
The evidence does not specify when the 9 types of assets'LTV will return to a nonzero value.
“The contracts were unaffected” and “the positions remained fully collateralized” come from the public statement by Aave, and the evidence provides no independent verification.
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Related concepts
LTV
This term is not in the glossary yet. Browse related concepts in the glossary.
An asset provided by a counterparty to guard against potential losses, which may be liquidated in the event of default to compensate the lender for its loss.