Aave Winds Down Low-Adoption Assets, Shifts Focus to High-Risk Ecosystems

Aave is phasing out 75 assets with low adoption rates and liquidating deployments on six blockchain networks as part of its $113M risk reset. The move aims to simplify operations, lower protocol risk, and concentrate on high-risk assets and active ecosystems.

The overhaul impacts around $98.1 million in supplied assets and $15.6 million in outstanding debt. Aave's founder, Stani Kulechov, announced the decision to deprecate 50 low-adoption asset reserves after reviewing activity across its markets.

In addition to removing these reserves, Aave will wind down deployments on Sonic, Scroll, zkSync, Metis, Soneium, and Aptos. This means another 25 asset reserves will be removed.