Aave says the changes are designed to reduce exposure to inactive markets while giving users time to exit positions safely. Aave is deprecating 50 low-adoption asset reserves across its lending markets and winding down its deployments on six blockchains. In a July 30 post on X, founder Stani Kulechov noted that the move touches $98.1 million in supply and $15.6 million in debt and comes wrapped in two new internal rulebooks meant to keep the protocol from carrying assets nobody is really using. Aave Commences Plan to Offboard Low Activity Reserves “Aave is deprecating 50 low adoption asset reserves across multiple deployments,” Kulechov wrote, also citing an orderly wind-down of Aave deployments on Sonic, Scroll, zkSync, Metis, Soneium and Aptos, affecting another 25 asset reserves. He added that 21 matured Pendle PT tokens would also be retired in favor of new maturities as part of the overhaul. According to implementation notes alongside the announcement, risk management firm LlamaRisk and Aave service providers recommended removing several inactive Aave V3 reserves together with six complete market deployments. Those positions account for $85.3 million in supplied assets and $11...
Aave Deprecates 50 Low-Adoption Assets and Winds Down Six Chain Deployments
6 days ago
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