Aave to remove 75 low-use assets, exit six blockchains
6.6 Tech Aave will phase out 75 low-use asset reserves and exit six blockchains, impacting $98.1M in assets and $15.6M in debt as part of a risk and efficiency overhaul.
Aave is undergoing a significant restructuring by phasing out 75 low-adoption asset reserves and winding down operations on six blockchain networks: Sonic, Scroll, zkSync, Metis, Soneium, and Aptos. This initiative, detailed in a governance proposal and backed by risk provider LlamaRisk, targets 50 underused reserves on major deployments and 25 more on the exiting chains. The changes will impact approximately $98.1 million in supplied assets and $15.6 million in outstanding debt. Instead of abrupt closures, Aave will freeze new activity, lower borrowing and supply limits, and increase reserve requirements to encourage users to close positions gradually. This move is part of Aave’s new Risk Framework and Technical Asset Listing Framework, aiming to reduce both economic and technical risks, streamline operations, and focus resources on more active and sustainable markets. The proposal is currently under governance review and will proceed to an on-chain vote.
