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The Polylog Crypto Intelligence Brief

Morning Edition · Friday, July 31, 2026Published at 1:29 AM EDT · New York

Aave Proposes to Shut Deployments on Six Chains That Earn Almost No Revenue

A governance proposal would close markets on Sonic, Scroll, zkSync, Metis, Soneium and Aptos and retire 50 asset markets, with deposits on some down more than 90%.

Aave Proposes to Shut Deployments on Six Chains That Earn Almost No Revenue

Aave, the largest decentralized lending protocol, is considering a retreat from the multi-chain sprawl that defined the last cycle of decentralized finance (DeFi). A governance proposal would shut Aave's deployments on Sonic, Scroll, zkSync…

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DeFi Retrenches To Revenue

Major DeFi protocols increasingly abandon low-revenue chains and concentrate liquidity on a few profitable networks, ending the multi-chain expansion phase and hardening a winner-take-most map.