Aave Winds Down Six Blockchain Deployments
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Insights by Echo AI
Aave, the largest DeFi lending protocol, is deprecating 50 low-adoption asset reserves and winding down deployments on Sonic, Scroll, zkSync, Metis, Soneium, and Aptos. This move affects approximately USD 98.1 million in supplied assets and USD 15.6 million in debt, aiming to reduce economic and technical risks. The changes are part of Aave's efforts to optimize its protocol across 23 chains, where it has about USD 14.3 billion in total value locked.
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