Aave applies V3.8 upgrade to 15 markets, boosts security without gas fee burden

[DigitalToday reporter Chi-gyu Hwang (황치규)] Decentralised lending protocol Aave has applied its security-enhanced “V3.8” upgrade to 15 markets.

Aave V3.8 was deployed to Aave V3 markets on multiple networks including Ethereum, Avalanche, BNB Chain, Base, Arbitrum, Polygon and Optimism.

According to content Aave shared on X (Twitter), Aave officially announced it deployed the V3.8 upgrade developed by Aave Labs to 15 Aave V3 markets after approval through Aave DAO governance.

The core of the upgrade is security. Aave uses “EIP-1153,” a transient storage technology, to block the same function from being executed again before processing for a transaction is completed.

This can help ensure pool ledgers match actual balances and reduce the risk of re-entrancy attacks. Any increase in transaction fees, or gas fees, is minimal.