Aave’s community has approved a governance proposal to extend its V4 deployment to three additional EVM-compatible blockchains. The move marks another step in the protocol’s multichain expansion strategy as it looks to widen access and deepen liquidity across decentralized finance.

The vote comes as Aave’s total value locked climbed above $15 billion for the first time since March, according to the report. TVL is a closely watched measure in DeFi that reflects the amount of capital deposited in a protocol’s smart contracts.

By broadening V4 to more networks, Aave is aiming to make its lending and borrowing infrastructure available to a larger set of users and applications. The expansion also underscores how major DeFi platforms continue to compete on reach, liquidity, and governance participation.

The latest milestone adds fresh momentum to Aave’s position among the largest decentralized finance protocols, even as the sector remains sensitive to shifts in market demand, network activity, and user confidence.