Aave Plans to Cut 50 Assets and Exit Six Blockchains

Aave is preparing to trim its operational footprint significantly. A new governance proposal suggests removing 50 asset reserves that see very little usage. The move aims to streamline the lending protocol as it manages over 14 billion dollars in total deposits.

Beyond removing specific tokens, the proposal calls for a total exit from six different chains. These include Sonic, Scroll, zkSync, Metis, Soneium, and Aptos. By cutting these ties, the team hopes to sharpen the focus of the protocol on more active environments.

Risk managers at LlamaRisk introduced the plan on Wednesday. The goal is to lower maintenance costs and reduce risk exposure for the broader Aave community. If the proposal passes, these specific assets and network integrations will be deprecated to prioritize protocol health.

Users should keep an eye on governance forums as the community votes on these changes. This shift represents a broader trend of top protocols focusing their resources on chains with the highest liquidity and user activity.