Aave Proposes Removal of Low-Adoption Markets Amid Risk Framework

Aave has proposed a governance initiative that aims to remove dozens of low-adoption reserves and close six smaller blockchain deployments, affecting approximately $98.1 million in supplied assets and $15.6 million in outstanding debt.

The review covers 50 low-adoption reserves and 21 matured Pendle Principal Tokens across 11 Aave V3 deployments, as well as fully winding down Aave markets on Sonic, Scroll, zkSync, Metis, Soneium, and Aptos, covering another 25 reserves.

The proposal, announced by founder Stani Kulechov, is part of the Aave Risk Framework proposed in June after the $292 million KelpDAO bridge exploit. The framework aims to evaluate assets based on their activity and revenue generation, rather than simply relying on market growth or adoption.