Aave Eliminates 50 Low Adoption Asset Reserves and Shuts Down Deployments on 6 Chains

By: x.com|2026/07/30 05:55:00

Aave will eliminate 50 low adoption asset reserves and shut down deployments on Sonic, Scroll, zkSync, Metis, Soneium, and Aptos, affecting 25 asset reserves. Additionally, 21 expired Pendle PT tokens will also be eliminated to support new expiration products. These changes involve a supply of $98.1 million and $15.6 million in debt, aimed at reducing Aave's economic and technical risk exposure. Aave will continue to conduct ongoing risk assessments on all assets in all deployments.

-- Price

--
--
--

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.

You may also like

Sonic Labs announced significant changes to its board and leadership, with Andre Cronje and two others resigning from the board

According to Sonic Labs' official statement, the company has made significant adjustments in its board, leadership, and operational direction. Michael Kong, Andre Cronje, and David Richardson will resign from their positions on the Sonic Labs board, but all three will retain their investments in Son...

Sonic SVM announces the acquisition of ForgeX and releases the open-source on-chain market-making tool ForgeX CLI

The Sonic SVM Foundation announced the acquisition of ForgeX, a developer of on-chain market-making tools for the Solana blockchain, and officially open-sourced its core product, ForgeX CLI.ForgeX CLI is a set of on-chain operation tools for Solana developers, project teams, and AI Agents. It suppor...

WazirX Reopens After Major Hack, UK Regulators Target HTX Amid Global Crypto Shifts

Key Takeaways WazirX, the Indian crypto exchange, has resumed operations after a devastating $230 million hack in July…

Solana Staking ETF Poised for Imminent Launch: Analysts Signal Green Light as of 2025-08-22

Exciting Times Ahead for Solana Enthusiasts Imagine the thrill of a rocket ready to blast off – that’s…

Which Crypto Hits $5 First – Pi Network (PI), Ripple (XRP) or Remittix (RTX)?

The crypto market continues to rally and hit over $3.5 trillion in market cap on May 14th, with Bitc...

ADA Price Tests Key Resistance: Whale Investors Amass 410 Million Cardano in April

Cardano price hovers near $0.69 as whales scoop up 410M ADA in April. Will bullish demand push ADA t...
...
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com