Aave Axes Reserves on Four Blockchain Networks Amid Low Activity
Aave, the decentralized lending protocol, has initiated a governance process to sunset its reserves on four blockchain networks: Sonic, Aptos, zkSync, and Scroll. This move will affect approximately $98 million in total supply across these platforms.
The primary reason cited for this decision is low activity and liquidity on these networks relative to the operational overhead. Aave's risk management framework continuously evaluates the cost of maintaining price oracles, liquidators, and security infrastructure.
Users with active positions on these four networks will need to withdraw their assets or move them to other supported chains before the sunset date. The proposal includes a phased timeline: a period for users to repay loans and withdraw liquidity, followed by a full pause of borrowing and lending functions.