Aave is removing a broad set of underused markets after what founder Stani Kulechov described as a full review. In a post on X on July 30, Kulechov said the protocol will retire 50 low-adoption asset reserves across multiple deployments. At the same time, Aave is winding down its deployments on Sonic, Scroll, zkSync, Metis, Soneium and Aptos, affecting another 25 asset reserves.
The cleanup also covers 21 expired Pendle PT tokens, which Aave said will be removed to make room for new expiry products. In total, the changes touch $98.1 million in supplied assets and $15.6 million in debt.
Kulechov said the move is part of Aave’s new risk framework and its technical asset listing framework, with the goal of reducing the protocol’s economic and technical risk exposure. He added that Aave will keep conducting ongoing risk reviews for all assets across all of its deployments.
Aave will retire 50 low-adoption asset reserves across multiple deployments after a full review, according to a July 30 post on X from founder Stani Kulechov.
Aave is shutting down deployments on six chains
Kulechov said Aave is also carrying out an orderly wind-down of its deployments on Sonic, Scroll, zkSync, Metis, Soneium and Aptos. That process affects another 25 asset reserves.
Expired Pendle PT tokens are also being removed
As part of the same process, Aave will retire 21 expired Pendle PT tokens to support new expiry products.
The changes affect $98.1 million in supply and $15.6 million in debt
Overall, the changes involve $98.1 million in supplied assets and $15.6 million in debt.
Kulechov said the measures sit within Aave’s new risk framework and its technical asset listing framework, and are intended to reduce the protocol’s economic and technical risk exposure. Aave will continue conducting ongoing risk assessments for all assets across all deployments.
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