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Aave Prunes Underperforming Chains | Bitcoin and Crypto News
Description
Aave is pruning its DeFi footprint by shutting down underperforming V3 markets across six blockchains, impacting $98M in assets and $15M in debt — a strategic move to cut risk, streamline operations, and focus on high-impact chains like Avalanche, while freezing markets on Sonic and Aptos next, despite their recent launches. This isn’t retreat, but refinement: Aave’s multi-chain ambition remains, but now prioritized with ruthless efficiency to ensure long-term stability and user value.
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