This market will resolve to “Yes” if the total USD value of active borrows across all Aave V4 markets reaches or exceeds $500,000,000 at any time after the creation of this market and before January 1, 2027 - 00:00 UTC.

Otherwise this market will resolve to “No.”

For the purposes of this market:

• “Aave V4” means any protocol deployment, market, or pool that the Aave project identifies as Aave V4 on any blockchain; totals are aggregated across all Aave V4 deployments.

• “Active borrows” means the sum of outstanding borrowed principal (the current outstanding principal amounts owed by borrowers) across all Aave V4 markets, denominated in USD using prevailing market prices at the moment of measurement. Cumulative or historical borrow totals (e.g., lifetime borrowed) do NOT qualify.

• Only measurements that occur after the creation (deployment) of this market are eligible for resolution; any Aave V4 borrow totals that occurred prior to market creation do not count.

• If data sources disagree, resolution will be determined using Aave’s official protocol analytics or, if unavailable, by consensus of credible on-chain analytics sources listed below.