Aave Cuts 75 Underperforming Reserve Assets to Boost Efficiency
Aave, one of the largest decentralized finance (DeFi) protocols, has announced a restructuring process to improve its efficiency. According to Aave founder Stani Kulechov, the protocol will phase out assets with low usage rates from its platform.
The decision affects 50 reserve assets on Aave's own network and another 25 on various blockchain networks such as Sonic, Scroll, zkSync, Metis, Soneium, and Aptos. This totals 75 reserve assets that will be removed due to insufficient usage.
Aave management stated that this step aims to ensure more efficient use of platform resources and focus on assets with strong user interest. The restructuring process is expected to affect approximately $98.1 million in reserve assets and $15.6 million in loan positions.
Experts point out that it's common practice for DeFi protocols to occasionally remove assets with low liquidity or insufficient usage from the system, helping platforms reduce maintenance costs while improving security and operational efficiency.