Aave plans to shutter operations across 6 blockchains and delist 75 underutilized assets due to insufficient revenues to cover operational costs.
Tech & Launches ·
Aave is planning to withdraw from six blockchain networks and remove 75 assets from its protocol due to operational economics. The affected blockchains are Sonic, Scroll, zkSync, Metis, Soneium, and Aptos, according to reporting on the decision.
The move reflects a cost-cutting measure tied to revenue sustainability. Revenue generated across these markets has fallen below the threshold needed to sustain ongoing operational expenses, prompting the delisting of underutilized assets alongside the broader chain withdrawals.
The timing and implementation roadmap for these shutdowns remain unclear. No detail has been provided on whether affected users will receive migration guidance or timelines for asset removal.