Aave moves to wind down six chains in $98M cleanup

Aave moves to wind down six chains in $98M cleanup

By DanMalam | Dan Malam | 30 Jul 2026


 

Aave founder Stani Kulechov said on July 30 that the lending protocol plans to retire dozens of low-use asset reserves and wind down its deployments on six blockchain networks.

 

The changes cover approximately $98.1 million in supplied assets and $15.6 million in debt. However, the measures originate from an Aave governance proposal and require DAO approval before full implementation.

 

The proposal would remove 50 individual reserves, retire 21 matured Pendle principal tokens and close 25 reserves across Sonic, Scroll, zkSync, Metis, Soneium and Aptos.

 

Aave’s six smaller markets have lost most deposits

The six complete deployments hold $12.8 million in combined supply and $4.1 million in debt. Sonic is the largest, with $7.6 million supplied and $2.7 million borrowed. Its deposits have fallen 74% over six months.

 

Scroll deposits declined 86% to $2.2 million, while zkSync fell 88% to $844,000. Metis and Soneium dropped to $297,000 and $173,000, respectively. Aptos liquidity fell 94% over six months, leaving $1.7 million supplied and $719,000 borrowed.

 

LlamaRisk said these deployments generated too little revenue to cover the cost of maintaining price feeds, monitoring systems and operational support. That conclusion reflects the risk provider’s assessment and remains subject to governance review.

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DanMalam
DanMalam

My name Danmalam I’m a content creator who loves to Share news about crypto


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