Aave V4 Opens First Externally Curated Lending Markets With Sentora

Aave V4 has launched its first externally curated lending markets, allowing an independent risk manager to operate dedicated borrowing markets on top of Aave's infrastructure. The first markets are being managed by institutional DeFi platform Sentora and are now live on Ethereum. According to Aave's official announcement , users can borrow RLUSD, PYUSD and OUSD against selected yield-bearing and blue-chip collateral across three new markets. The launch marks a significant shift in how Aave organizes lending liquidity and risk. Traditional Aave markets have generally relied on risk parameters managed through Aave governance and its associated service providers.