Aave is preparing to shut down six of its V3 blockchain markets and remove around 50 low-usage reserves following recommendations from DeFi risk management firm LlamaRisk, according to CoinTelegraph. The affected markets include Sonic, Scroll, zkSync, Metis, Soneium, and Aptos.
CoinTelegraph reports that most of these actions have already been initiated, reflecting Aave's move to streamline its platform and reduce exposure to underperforming assets. The decision aligns with broader efforts in decentralized finance to manage risk and optimize liquidity across multiple chains.
For Japanese investors, this development highlights the evolving nature of multi-chain DeFi platforms and the importance of monitoring platform health and liquidity when allocating capital in crypto markets.