Aave fully unfrozen V3 and V4 markets, but some assets LTV remain at 0
BIBIBI
AT A GLANCE
Aave said V3 and V4 markets have been fully unfrozen, and futures contracts were unaffected by the Binance incident, but some assets LTV temporarily remain at 0。
Article
Aave: Fully unfrozen V3 and V4 markets, with its futures contracts unaffected by the Binance security incident
BlockBeats reported that October 30，Aave issued an update Binance on the handling progress following the Aave V3 and V4 All markets are now unfrozen. Previously,Aave froze the markets as a precaution after initial reports of the incident emerged, suspending new deposits and borrowing, while withdrawals and repayments continued normally throughout.Aave emphasized that its futures contracts were unaffected by the incident and that positions remained fully collateralized at all times.
As an ongoing precautionary measure, the loan-to-value (USDT、USDC、USDT0、POL、WAVAX、sAVAX、XAUT、PAXG and OP) ratios of LTV will temporarily remain at 0, so these assets cannot yet be used as collateral to support new borrowing.
Original link https://m.theblockbeats.info/flash/374711
Key points
01
BlockBeats reported that Aave on October 30 published an update on the handling progress following the Binance incident.
02
Aave said that Aave V3 and V4 all markets have now been unfrozen.
03
Aave Previously froze the markets as a precaution, suspending new deposits and borrowing, while withdrawals and repayments continued normally throughout.
04
Aave said that its futures contracts were unaffected by the incident and that positions remained fully collateralized at all times.
05
USDT、USDC、USDT0、POL、WAVAX、sAVAX、XAUT、PAXG and OP loan-to-value ratios will temporarily remain at 0。
06
The above LTV of 0 assets cannot temporarily be used as collateral to support new borrowing.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The market unfreezing means that Aave V3 and V4 are no longer maintaining the previous blanket suspension of new deposits and borrowing. However, the nine listed assets remain subject to separate restrictions: their LTV temporarily remain at 0, and users cannot use them as collateral to support new borrowing.
Why it matters to readers
This distinction indicates that the markets as a whole have been unfrozen, but collateralized borrowing functionality has not yet been fully restored for all assets.Aave It also stated that the futures contracts and positions were unaffected by the incident.
Beginners should note that “market unfreezing” does not mean all functions have been restored; users holding the relevant assets still cannot use them as collateral for new borrowing, although the article says withdrawals and repayments continued normally throughout.
Risks and unknowns
The relevant statements were relayed by BlockBeats, and the evidence did not provide a verifiable Aave original announcement URL.
did not specify when the relevant assets’LTV would return to a non-zero value.
did not provide specific details of the Binance security incident, its losses, or the handling measures.
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Related concepts
Aave V3
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.
