An Aave ARFC proposes a six-market wind-down, covering 50 reserves and 21 matured Pendle PTs across Sonic, Scroll, zkSync, Metis, Soneium and Aptos.

Aave proposed deprecating 75 reserves and six deployments, affecting $98.1 million in supplied assets and $15.6 million in debt.

A governance proposal would shut deployments on Sonic, Scroll, zkSync, Metis, Soneium and Aptos, and retire 50 asset markets elsewhere. Deposits on some have fallen more than 90%.