Aave Proposes Winding Down V3 Markets on Six Blockchains and Retiring Low-Use Tokens
نظرة سريعة
Aave proposes winding down its V3 markets on six blockchains (Sonic, Scroll, zkSync, Metis, Soneium, Aptos) and retiring 50 low-use token reserves and 21 Pendle principal token listings, affecting $98.1M in supplied assets and $15.6M in debt, to reduce economic and technical risk.
ملخص مُنشأ بالذكاء الاصطناعي
لماذا يهم
Aave, a lending protocol, is proposing to streamline its operations by offboarding low-use token reserves and closing V3 markets on several blockchains to reduce economic and technical risk. This follows a recent risk framework update and a "temp check" on its multichain strategy.
An Aave governance proposal would wind down the lending protocol’s V3 markets on six blockchains and retire dozens of low-use token listings, a cleanup covering $98.1 million in supplied assets and $15.6 million in debt.
Risk service provider LlamaRisk, working with other Aave service providers, recommended offboarding 50 low-use reserves and 21 matured Pendle principal token listings across 11 deployments. It also proposed retiring all 25 reserves on Sonic, Scroll, zkSync, Metis, Soneium and Aptos. The balances were measured on July 28.
An ARFC is a detailed proposal and precursor to an Aave Improvement Proposal; it is not, by itself, proof of a completed final onchain vote or execution.
Aptos exit follows recent launch
The proposed Aptos exit comes just 11 months after Aave launched its V3 market there, with available liquidity down 94% over six months and quarterly revenue below $1,000, according to LlamaRisk.
Every reserve on Scroll, zkSync, Metis and Soneium was already frozen, whereas Sonic and Aptos remained active and are recommended for freezing. The temp check on Aave’s multichain strategy concluded on Dec. 5, 2025, with 923,400 votes in favor and under 1% against increasing the reserve factor on underperforming instances, shutting down the instances on zkSync, Metis and Soneium, and establishing a $2 million annual revenue floor for new instance deployment.
Scroll was then added to the affected protocols through an accelerated process in April, as LlamaRisk filed a direct-to-AIP proposal to freeze every Scroll reserve and raise selected reserve factors, describing the measure as completing Scroll’s deprecation after a rapid deterioration in network liquidity and Aave market activity. Aave also published an updated risk framework on June 9, covering asset, bridge, monitoring and chain risk and criteria for winding down reserves or deployments, and this month’s announcement indicated de facto adoption of those rules by the protocol.
Aave founder Stani Kulechov said in a Thursday post that this will also “reduce Aave’s economic and technical risk surface as part of the new Aave Risk Framework and Technical Asset Listing Framework.”
Still, this is not a reversal of Aave’s multichain expansion strategy, rather a strategic refocusing on select protocols. “Aave will continue applying continuous risk assessment for all assets across all deployments,” Kulechov said. The comments also follow Aave launching on Avalanche earlier this month.
ما الذي يجب مراقبته
توقعات الذكاء الاصطناعي — احتمالات وليست حقائق
Aave governance will likely approve the proposal to wind down V3 markets and retire low-use tokens.
مرجح جداً · خلال أسابيع
أسئلة مفتوحة
- When will the ARFC proceed to an AIP and final vote?
- What is the exact timeline for market wind-downs?
- How will affected users on these chains migrate assets?
