Aave cuts assets and exits multiple chains
Aave said it will reduce 50 low adoption assets and wind down operations on Sonic, Scroll, zkSync, Metis, Soneium and Aptos, actions that together cover another 25 reserves. The protocol framed the moves as part of a new risk framework and a technical asset listing framework designed to lower monetary and technical risks, and it will depreciate 21 matured Pendle PTs in favour of new maturities. The announced changes impact $98.1 million in supply and $15.6 million in debt and mark a shift from expansion to disciplined consolidation in Aave's multi‑chain strategy.
Aave is removing 75 low-use reserves across several chains.
Context
Aave completed a broad review of its multi‑chain deployments and asset list. The review found low usage and low revenue on several chains. Next, the protocol will set higher bars for future chain adoption and listing.
The full analysis
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