Morning Edition · Saturday, August 1, 2026Published at 1:29 AM EDT · New York
Aave Moves to Abandon Six Blockchains Earning Less Than $5,000 a Quarter
A risk-manager proposal would freeze new activity on the underused networks and redirect nearly all remaining interest revenue to the protocol treasury.
Aave, the largest decentralized lending protocol, is preparing to withdraw from six blockchains that generate almost no revenue, according to a governance proposal from risk manager LlamaRisk reported by CryptoSlate. Several of the targeted…
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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.
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