Aave V4's Arc core hub has seen pretty solid growth since its september onboarding, with deposits now up 85% @arc is building out an institutional facing environment, while V4 provides the shared liquidity infrastructure for different collateral and borrowing markets to develop around it there's also a sizeable gap between supply and borrowing with around $60.3M in active loans against $236M in deposits leaving utilization only at 32% That leaves a lot of liquidity available for additional credit demand as more assets, borrowers and integrations come into the ecosystem The deposit growth is already a decent start tbh, but the real opportunity is how much of that available capital can gradually become productive through lending The liquidity base is forming, and @arc still has plenty of room to grow its borrow side w/o needing deposits to expand at the same pace