Overview
- Aave founder Stani Kulechov published an Aave Request for Comment that on July 30 proposed deprecating 50 low-adoption reserves, retiring 21 matured Pendle principal tokens, and fully winding down deployments on Sonic, Scroll, zkSync, Metis, Soneium and Aptos.
- The package covers about $98.1 million in supplied assets and $15.6 million in outstanding debt, with the six complete market exits holding roughly $12.8 million in supply and $4.1 million in debt.
- The proposal sets a staged, governance‑dependent unwind that would freeze affected reserves, cut supply and borrow caps to a single unit, and for full closures set a 99% reserve factor and a 5% base borrowing rate to encourage voluntary exits.
- LlamaRisk’s analysis supporting the plan says the six deployments each generate under $5,000 in quarterly protocol revenue and therefore do not cover the costs of price feeds, liquidation infrastructure and monitoring.
- The ARFC now moves to off‑chain Snapshot feedback and potential on‑chain votes before any technical steps; Aave frames the cleanup as a shift of resources to higher‑use markets and Aave V4 initiatives and could prompt wider consolidation in DeFi.