"Aave currently maintains multiple V3 instances, each with operating costs and risk exposure. It is believed that the revenue generated by multiple of these instances is not sufficient to offset the costs and risks," a representative of the Aave Chan Initiative said in a "Temp Check" in late November.
While this has not yet entered the formal governance process, the lively discussion could herald a strategic shift for the largest decentralized lending protocol, which has historically embraced the concept of "maximum coverage" for the deployment of new blockchains.
Launched in 2018, Aave is currently the world's largest decentralized lending protocol. According to The Block, its outstanding debt on the Ethereum network accounts for more than 81%.
The project is currently deployed on at least 18 blockchains, including numerous Ethereum Layer 2 networks, as well as alternative Layer 1 networks such as Aptos and Sonic. Today, the Aave Chan Initiative (ACI), the main representative platform of the Aave DAO, appears to be intentionally scaling back some of this expansion and setting stricter requirements for future deployments.
Aave DAO considers shrinking "multi-chain strategy", phasing out zkSync, Metis and Soneium instances
2025-12-03 00:41:42
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