Aave Phases Out 50 Reserves and Shuts Down 6 Chain Deployments

Aave removes 50 low-adoption reserves and halts operations on six chains, affecting $113.7M in assets to reduce risk exposure under new frameworks.

Woofun AI reports that Aave founder Stani Kulechov confirmed the phase-out of 50 asset reserves with low adoption rates across multiple deployments. The protocol is also shutting down operations on Sonic, Scroll, zkSync, Metis, Soneium, and Aptos, which involves an additional 25 asset reserves. This restructuring includes the removal of 21 expired Pendle PT tokens to facilitate new maturity products. The changes encompass $98.1 million in supply and $15.6 million in debt, aligning with Aave's updated risk and technical asset listing frameworks to minimize economic and technical exposure.