Aave has put forth a governance proposal to wind down V3 markets across six blockchains: Sonic, Scroll, zkSync, Metis, Soneium, and Aptos. The move encompasses $98.1 million in supplied assets and $15.6 million in outstanding debt. The proposal, structured as an Aave Request for Comment (ARFC), also seeks to retire 50 low-use reserves and 21 matured Pendle principal token listings across 11 deployments.

LlamaRisk, working with other Aave service providers, delivered the recommendations. The ARFC is a precursor to a formal Aave Improvement Proposal (AIP), which would require an on-chain vote for execution.

Reserves on Scroll, zkSync, Metis, and Soneium were previously frozen by the protocol. Sonic and Aptos remained active and are now explicitly recommended for freezing under the current ARFC.

Aave's proposed exit from Aptos is notable, occurring just 11 months after the V3 launch. Available liquidity on Aptos fell 94 percent over the preceding six months, and quarterly revenue registered below $1,000, according to LlamaRisk.

The consolidation aligns with a multichain strategy "temp check" vote that concluded Dec. 5, 2025, in which 923,400 votes (over 99 percent) backed measures to increase reserve factors on underperforming instances and shut down zkSync, Metis, and Soneium deployments. That vote also established a $2 million annual revenue floor for new instance deployments.

Scroll was added to the affected list in April through an accelerated process. LlamaRisk filed a direct-to-AIP proposal to freeze all Scroll reserves and raise selected reserve factors, citing rapid deterioration in network liquidity and Aave market activity.

Aave's updated risk framework, published June 9, covers asset, bridge, monitoring, and chain risk, alongside guidelines for winding down reserves or deployments. The current announcement indicates adoption of these rules.

Aave founder Stani Kulechov said the wind-down will "reduce Aave's economic and technical risk surface as part of the new Aave Risk Framework and Technical Asset Listing Framework." He said the proposal does not reverse Aave's multichain strategy but represents strategic refocusing on protocols meeting stricter performance and risk criteria.

Aave launched V3 on Avalanche earlier this month, demonstrating continued, though more selective, deployment activity.