Aave Labs Winds Down Family iOS Wallet and Avara, Refocuses on Core DeFi Lending
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- Aave Labs will wind down the Family iOS wallet by April 2027.
- The Avara umbrella brand is being retired as the firm recenters on Aave.
- Family Accounts will remain embedded within Aave products.
Aave Labs said it will wind down the Family iOS wallet and retire the Avara brand. The move narrows the company’s focus to the Aave lending protocol. It aims to simplify products and concentrate on DeFi adoption.
Family iOS Wallet to Be Phased Out
According to the announcement on X, Aave Labs will stop onboarding new users to the Family iOS wallet on April 1, 2026. Existing users will be able to use the app until April 1, 2027. After that date, users will retain full access to their funds through accounts.aave.com.
The company said the phaseout will occur gradually. Over time, the Family iOS app will be limited to account access and withdrawals. Aave Labs also mentio…
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