Aave to shut down V3 markets and delist 50 tokens across 6 blockchains
8h ago•
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🚨 Aave proposes shutting down V3 lending on 6 blockchains, impacting $98.1 million in assets.
🛑 The move targets 50 low-use tokens and 21 Pendle listings, aiming to streamline operations.
📉 Low liquidity and minimal revenue led to proposals to freeze all reserves on Sonic and Aptos.
🌐 $AAVE will maintain its multichain strategy, focusing on safer, high-performing networks.
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8h ago•
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