{"id":551173,"date":"2026-07-31T22:30:17","date_gmt":"2026-07-31T21:30:17","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=551173"},"modified":"2026-07-31T13:02:25","modified_gmt":"2026-07-31T12:02:25","slug":"why-defi-giant-aave-is-pulling-the-plug-on-six-hyped-blockchains-making-less-than-5000-a-quarter","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/why-defi-giant-aave-is-pulling-the-plug-on-six-hyped-blockchains-making-less-than-5000-a-quarter\/","title":{"rendered":"Why DeFi giant Aave is pulling the plug on six hyped blockchains making less than $5,000 a quarter"},"content":{"rendered":"<p>In a July 29 forum-stage proposal, Aave risk service provider LlamaRisk recommended winding down the decentralized lender\u2019s V3 deployments on Sonic, Scroll, zkSync, Metis, Soneium, and Aptos. The plan would put $4.1 million of debt on a staged exit path that keeps existing positions open during the initial step.<\/p>\n<p>The <a href=\"https:\/\/governance.aave.com\/t\/arfc-low-adoption-asset-deprecation-on-aave-v3\/25401\">Aave Request for Final Comments<\/a>, or ARFC, covers 25 lending reserves with $12.8 million supplied, based on LlamaRisk data dated July 28. The forum thread still showed the request under discussion on July 31. Aave\u2019s <a href=\"https:\/\/aave.com\/help\/governance\/proposals\">proposal lifecycle<\/a> places an ARFC before a community Snapshot and any executable on-chain Aave Improvement Proposal.<\/p>\n\n<div class=\"cs-article-embed\">\n    <a href=\"https:\/\/cryptoslate.com\/aave-contributor-exits-put-25b-lending-lead-to-the-test\/\" class=\"cs-article-embed__link\">\n                    <div class=\"cs-article-embed__media\">\n                <img src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/04\/aave-futuristic-city-1024x683.jpg\" alt=\"Aave\u2019s $25B lending lead faces a real test after key contributor exits\" loading=\"lazy\" decoding=\"async\">\n            <\/div>\n                <div class=\"cs-article-embed__body\">\n            <span class=\"cs-article-embed__related-reading\">Related Reading<\/span>\n            <h3 class=\"cs-article-embed__title\">Aave\u2019s $25B lending lead faces a real test after key contributor exits<\/h3>\n                            <div class=\"cs-article-embed__summary\">Aave still leads DeFi lending, but contributor exits have turned scale into an execution test.<\/div>\n                                        <div class=\"cs-article-embed__meta\">\n                                            <span class=\"cs-article-embed__meta-item\">Apr 7, 2026<\/span>\n                                                                <span class=\"cs-article-embed__meta-divider\">&middot;<\/span>\n                                                                <span class=\"cs-article-embed__meta-item\">Gino Matos<\/span>\n                                    <\/div>\n                    <\/div>\n    <\/a>\n<\/div>\n\n<p>LlamaRisk\u2019s economic case rests on support costs exceeding revenue. It said Sonic, Scroll, and zkSync each generate less than $5,000 in quarterly protocol revenue at current balances, while Metis, Soneium, and Aptos each generate less than $1,000. The proposal cites oracle, monitoring, and operational support costs but does not quantify the shortfall.<\/p>\n<p>The same ARFC separately targets 50 individual reserves and 21 matured Pendle principal tokens across 11 deployments, with $85.3 million supplied and $11.5 million borrowed. Those balances sit outside the six-market totals.<\/p>\n\n<div class=\"cs-article-embed\">\n    <a href=\"https:\/\/cryptoslate.com\/aave-rally-makes-defi-lending-look-more-like-a-bank-to-investors\/\" class=\"cs-article-embed__link\">\n                    <div class=\"cs-article-embed__media\">\n                <img src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/stablecoin-production-line-liquidity-engine-1-1024x576.jpg\" alt=\"Aave rally makes DeFi lending look more like a bank to investors\" loading=\"lazy\" decoding=\"async\">\n            <\/div>\n                <div class=\"cs-article-embed__body\">\n            <span class=\"cs-article-embed__related-reading\">Related Reading<\/span>\n            <h3 class=\"cs-article-embed__title\">Aave rally makes DeFi lending look more like a bank to investors<\/h3>\n                            <div class=\"cs-article-embed__summary\">AAVE&#039;s rally, reported strategic interest, and a TradFi bull case all point to the same test: whether DAO-owned lending rails can look investable while keeping economics outside a normal company structure.<\/div>\n                                        <div class=\"cs-article-embed__meta\">\n                                            <span class=\"cs-article-embed__meta-item\">Jun 29, 2026<\/span>\n                                                                <span class=\"cs-article-embed__meta-divider\">&middot;<\/span>\n                                                                <span class=\"cs-article-embed__meta-item\">Liam &#039;Akiba&#039; Wright<\/span>\n                                    <\/div>\n                    <\/div>\n    <\/a>\n<\/div>\n\n<h2>How the six-market exit would work<\/h2>\n<p>For the six full-market exits, every reserve would be frozen and its supply and borrow caps cut to 1. <a href=\"https:\/\/cryptoslate.com\/debt\/\">Reserves carrying debt<\/a> would receive a 99% reserve factor and a 5% interest rate model base variable rate; unborrowed reserves would not receive those two changes.<\/p>\n<p>The two settings act on different sides of the market. The 5% figure is the base-rate component applied to borrowing. The 99% reserve factor determines how interest revenue is divided, directing nearly all interest paid by borrowers to the Aave treasury and leaving little for supplier yield. LlamaRisk expects lower yield to encourage withdrawals, which raises utilization and gives borrowers a stronger incentive to repay.<\/p>\n<p><a href=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/07\/ig_MHQ8hWiMidNfo1CeQ5vaj5qS.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-551185\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/07\/ig_MHQ8hWiMidNfo1CeQ5vaj5qS.png\" alt=\"Infographic explaining Aave\u2019s proposed six-market exit: 25 reserves, $12.8 million supplied and $4.1 million of debt, initial freeze and cap changes, a 99% reserve factor, a 5% base variable rate, chain starting states, conditional later steps, and the separate reserve cleanup.\" width=\"720\" height=\"900\" \/><\/a><\/p>\n<p>A freeze stops new supply, new borrowing, and use as fresh collateral. Positions already open would remain open, and the proposal says any additional unwind would be considered case by case. The starting point also varies: every listed Sonic and Aptos reserve was active in the July 28 tables, while every listed reserve on Scroll, zkSync, Metis, and Soneium was already frozen.<\/p>\n\n<div class=\"cs-article-embed\">\n    <a href=\"https:\/\/cryptoslate.com\/aave-takes-precautions-as-scroll-governance-faces-uncertainty\/\" class=\"cs-article-embed__link\">\n                    <div class=\"cs-article-embed__media\">\n                <img src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/09\/aave-1024x538.jpg\" alt=\"Aave reduces Scroll exposure amid turmoil in governance model\" loading=\"lazy\" decoding=\"async\">\n            <\/div>\n                <div class=\"cs-article-embed__body\">\n            <span class=\"cs-article-embed__related-reading\">Related Reading<\/span>\n            <h3 class=\"cs-article-embed__title\">Aave reduces Scroll exposure amid turmoil in governance model<\/h3>\n                            <div class=\"cs-article-embed__summary\">Scroll\u2019s governance halt prompts Aave to recalibrate risk management for continued protocol stability.<\/div>\n                                        <div class=\"cs-article-embed__meta\">\n                                            <span class=\"cs-article-embed__meta-item\">Sep 12, 2025<\/span>\n                                                                <span class=\"cs-article-embed__meta-divider\">&middot;<\/span>\n                                                                <span class=\"cs-article-embed__meta-item\">Oluwapelumi Adejumo<\/span>\n                                    <\/div>\n                    <\/div>\n    <\/a>\n<\/div>\n\n<h2>What users could face next<\/h2>\n<p>The staged approach is designed to minimize immediate liquidation risk while preserving stronger levers if balances remain. LlamaRisk said later steps could raise interest rate curves or gradually reduce liquidation thresholds for selected collateral. After positions unwind further, deployment oracles could be replaced with fixed-price adapters under the method described in a <a href=\"https:\/\/governance.aave.com\/t\/arfc-oracle-deprecation-for-long-tail-assets-across-aave-v2-and-v3\/25400\">companion oracle proposal<\/a>.<\/p>\n<p>Users remaining after the first step would therefore face possible rate, collateral, and oracle changes as the wind-down progresses, while the initial freeze itself leaves their positions open.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LlamaRisk would freeze new activity, redirect nearly all interest revenue to the treasury, and reserve stronger unwind levers for later.<\/p>\n","protected":false},"author":1264,"featured_media":551294,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[79911,46940,77968,79325,60035],"tags":[81080],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Why DeFi giant Aave is pulling the plug on six hyped blockchains making less than $5,000 a quarter<\/title>\n<meta name=\"description\" content=\"Aave&#039;s six-chain exit proposal would freeze 25 reserves and put $4.1 million of debt on a staged wind-down path.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/why-defi-giant-aave-is-pulling-the-plug-on-six-hyped-blockchains-making-less-than-5000-a-quarter\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why DeFi giant Aave is pulling the plug on six hyped blockchains making less than $5,000 a quarter\" \/>\n<meta property=\"og:description\" content=\"Aave&#039;s six-chain exit proposal would freeze 25 reserves and put $4.1 million of debt on a staged wind-down path.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/why-defi-giant-aave-is-pulling-the-plug-on-six-hyped-blockchains-making-less-than-5000-a-quarter\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-31T21:30:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-07-31T12:02:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/07\/aave-six-chain-debt-exit-path-editorial-collage.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Liam &#039;Akiba&#039; Wright\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@akibablade\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Liam 'Akiba' Wright\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/why-defi-giant-aave-is-pulling-the-plug-on-six-hyped-blockchains-making-less-than-5000-a-quarter\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/why-defi-giant-aave-is-pulling-the-plug-on-six-hyped-blockchains-making-less-than-5000-a-quarter\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/#person\",\"name\":\"Liam 'Akiba' Wright\",\"url\":\"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/10\/about-liam.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/10\/about-liam.jpg\",\"caption\":\"Liam 'Akiba' Wright\"},\"jobTitle\":\"Editor-in-Chief\",\"description\":\"Liam \u201cAkiba\u201d Wright is CryptoSlate\u2019s Editor-in-Chief, reporter and podcast producer, focused on decentralized tech\u2019s positive impact.\",\"worksFor\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"sameAs\":[\"https:\/\/www.akiba.gg\",\"https:\/\/x.com\/akibablade\",\"https:\/\/www.linkedin.com\/in\/liamandrewwright\",\"https:\/\/muckrack.com\/liam-wright\/articles\"]},\"headline\":\"Why DeFi giant Aave is pulling the plug on six hyped blockchains making less than $5,000 a quarter\",\"datePublished\":\"2026-07-31T21:30:17+00:00\",\"dateModified\":\"2026-07-31T21:30:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/why-defi-giant-aave-is-pulling-the-plug-on-six-hyped-blockchains-making-less-than-5000-a-quarter\/\"},\"wordCount\":477,\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"keywords\":[\"Aave\"],\"articleSection\":[\"Debt\",\"DeFi\",\"Featured\",\"Governance\",\"Lending\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2026\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptoslate.com\/why-defi-giant-aave-is-pulling-the-plug-on-six-hyped-blockchains-making-less-than-5000-a-quarter\/\",\"url\":\"https:\/\/cryptoslate.com\/why-defi-giant-aave-is-pulling-the-plug-on-six-hyped-blockchains-making-less-than-5000-a-quarter\/\",\"name\":\"Why DeFi giant Aave is pulling the plug on six hyped blockchains making less than $5,000 a quarter\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/#website\"},\"datePublished\":\"2026-07-31T21:30:17+00:00\",\"dateModified\":\"2026-07-31T21:30:17+00:00\",\"description\":\"Aave's six-chain exit proposal would freeze 25 reserves and put $4.1 million of debt on a staged wind-down path.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoslate.com\/why-defi-giant-aave-is-pulling-the-plug-on-six-hyped-blockchains-making-less-than-5000-a-quarter\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoslate.com\/why-defi-giant-aave-is-pulling-the-plug-on-six-hyped-blockchains-making-less-than-5000-a-quarter\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoslate.com\/why-defi-giant-aave-is-pulling-the-plug-on-six-hyped-blockchains-making-less-than-5000-a-quarter\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptoslate.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Why DeFi giant Aave is pulling the plug on six hyped blockchains making less than $5,000 a quarter\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoslate.com\/#website\",\"url\":\"https:\/\/cryptoslate.com\/\",\"name\":\"CryptoSlate\",\"description\":\"Cryptocurrency News and Real-time Coin Data\",\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"NewsMediaOrganization\",\"@id\":\"https:\/\/cryptoslate.com\/#organization\",\"name\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"CryptoSlate\"},\"image\":{\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/cryptoslate\",\"https:\/\/www.instagram.com\/cryptoslate\",\"https:\/\/www.linkedin.com\/company\/cryptoslate\",\"https:\/\/www.youtube.com\/c\/cryptoslate\",\"https:\/\/cryptoslate.substack.com\",\"https:\/\/t.me\/cryptoslatenews\",\"https:\/\/www.crunchbase.com\/organization\/cryptoslate\",\"https:\/\/iq.wiki\/wiki\/cryptoslate\",\"https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ\",\"https:\/\/muckrack.com\/media-outlet\/cryptoslate\",\"https:\/\/www.tiktok.com\/@cryptoslatenews\"],\"publishingPrinciples\":\"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles\",\"ownershipFundingInfo\":\"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/\",\"correctionsPolicy\":\"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback\",\"ethicsPolicy\":\"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles\",\"foundingDate\":\"2017-08-04\",\"founder\":[{\"@type\":\"Person\",\"name\":\"Nate Whitehill\"},{\"@type\":\"Person\",\"name\":\"Matthew Blancarte\"}],\"contactPoint\":[{\"@type\":\"ContactPoint\",\"contactType\":\"customer support\",\"url\":\"https:\/\/cryptoslate.com\/contact\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"sales\",\"url\":\"https:\/\/cryptoslate.com\/advertising\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"newsroom\",\"url\":\"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback\",\"email\":\"tips@cryptoslate.com\",\"availableLanguage\":\"en-US\"}],\"masthead\":\"https:\/\/cryptoslate.com\/about\/#masthead\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/ea2b02b41a7478e18d903ca8eec4979e\",\"name\":\"Liam 'Akiba' Wright\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/10\/about-liam-150x150.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/10\/about-liam-150x150.jpg\",\"caption\":\"Liam 'Akiba' Wright\"},\"description\":\"Also known as \\\"Akiba,\\\" Liam Wright is the Editor-in-Chief at CryptoSlate and host of the SlateCast. He believes that together decentralized blockchain and AI technology have the potential to make widespread positive change.\",\"sameAs\":[\"https:\/\/www.akiba.gg\",\"https:\/\/www.instagram.com\/akibablade\",\"https:\/\/twitter.com\/akibablade\"],\"award\":[\"Most improved footballer - 1992\"],\"knowsAbout\":[\"Python\",\"Javascript\",\"PHP\",\"HTML\",\"Agentic Software\",\"Machine Learning\",\"2000s emo music\",\"Manchester United\"],\"knowsLanguage\":[\"English\",\"Spanish\"],\"url\":\"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Why DeFi giant Aave is pulling the plug on six hyped blockchains making less than $5,000 a quarter","description":"Aave's six-chain exit proposal would freeze 25 reserves and put $4.1 million of debt on a staged wind-down path.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptoslate.com\/why-defi-giant-aave-is-pulling-the-plug-on-six-hyped-blockchains-making-less-than-5000-a-quarter\/","og_locale":"en_US","og_type":"article","og_title":"Why DeFi giant Aave is pulling the plug on six hyped blockchains making less than $5,000 a quarter","og_description":"Aave's six-chain exit proposal would freeze 25 reserves and put $4.1 million of debt on a staged wind-down path.","og_url":"https:\/\/cryptoslate.com\/why-defi-giant-aave-is-pulling-the-plug-on-six-hyped-blockchains-making-less-than-5000-a-quarter\/","og_site_name":"CryptoSlate","article_published_time":"2026-07-31T21:30:17+00:00","article_modified_time":"2026-07-31T12:02:25+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/07\/aave-six-chain-debt-exit-path-editorial-collage.jpg","type":"image\/jpeg"}],"author":"Liam 'Akiba' Wright","twitter_card":"summary_large_image","twitter_creator":"@akibablade","twitter_site":"@cryptoslate","twitter_misc":{"Written by":"Liam 'Akiba' Wright","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/cryptoslate.com\/why-defi-giant-aave-is-pulling-the-plug-on-six-hyped-blockchains-making-less-than-5000-a-quarter\/#article","isPartOf":{"@id":"https:\/\/cryptoslate.com\/why-defi-giant-aave-is-pulling-the-plug-on-six-hyped-blockchains-making-less-than-5000-a-quarter\/"},"author":{"@type":"Person","@id":"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/#person","name":"Liam 'Akiba' Wright","url":"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/"},"image":{"@type":"ImageObject","@id":"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/#authorimage","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/10\/about-liam.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/10\/about-liam.jpg","caption":"Liam 'Akiba' Wright"},"jobTitle":"Editor-in-Chief","description":"Liam \u201cAkiba\u201d Wright is CryptoSlate\u2019s Editor-in-Chief, reporter and podcast producer, focused on decentralized tech\u2019s positive impact.","worksFor":{"@id":"https:\/\/cryptoslate.com\/#organization"},"sameAs":["https:\/\/www.akiba.gg","https:\/\/x.com\/akibablade","https:\/\/www.linkedin.com\/in\/liamandrewwright","https:\/\/muckrack.com\/liam-wright\/articles"]},"headline":"Why DeFi giant Aave is pulling the plug on six hyped blockchains making less than $5,000 a quarter","datePublished":"2026-07-31T21:30:17+00:00","dateModified":"2026-07-31T21:30:17+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/why-defi-giant-aave-is-pulling-the-plug-on-six-hyped-blockchains-making-less-than-5000-a-quarter\/"},"wordCount":477,"publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"keywords":["Aave"],"articleSection":["Debt","DeFi","Featured","Governance","Lending"],"inLanguage":"en-US","copyrightYear":"2026","copyrightHolder":{"@id":"https:\/\/cryptoslate.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptoslate.com\/why-defi-giant-aave-is-pulling-the-plug-on-six-hyped-blockchains-making-less-than-5000-a-quarter\/","url":"https:\/\/cryptoslate.com\/why-defi-giant-aave-is-pulling-the-plug-on-six-hyped-blockchains-making-less-than-5000-a-quarter\/","name":"Why DeFi giant Aave is pulling the plug on six hyped blockchains making less than $5,000 a quarter","isPartOf":{"@id":"https:\/\/cryptoslate.com\/#website"},"datePublished":"2026-07-31T21:30:17+00:00","dateModified":"2026-07-31T21:30:17+00:00","description":"Aave's six-chain exit proposal would freeze 25 reserves and put $4.1 million of debt on a staged wind-down path.","breadcrumb":{"@id":"https:\/\/cryptoslate.com\/why-defi-giant-aave-is-pulling-the-plug-on-six-hyped-blockchains-making-less-than-5000-a-quarter\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptoslate.com\/why-defi-giant-aave-is-pulling-the-plug-on-six-hyped-blockchains-making-less-than-5000-a-quarter\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cryptoslate.com\/why-defi-giant-aave-is-pulling-the-plug-on-six-hyped-blockchains-making-less-than-5000-a-quarter\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptoslate.com\/"},{"@type":"ListItem","position":2,"name":"Why DeFi giant Aave is pulling the plug on six hyped blockchains making less than $5,000 a quarter"}]},{"@type":"WebSite","@id":"https:\/\/cryptoslate.com\/#website","url":"https:\/\/cryptoslate.com\/","name":"CryptoSlate","description":"Cryptocurrency News and Real-time Coin Data","publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"inLanguage":"en-US"},{"@type":"NewsMediaOrganization","@id":"https:\/\/cryptoslate.com\/#organization","name":"CryptoSlate","url":"https:\/\/cryptoslate.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","width":1000,"height":1000,"caption":"CryptoSlate"},"image":{"@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/cryptoslate","https:\/\/www.instagram.com\/cryptoslate","https:\/\/www.linkedin.com\/company\/cryptoslate","https:\/\/www.youtube.com\/c\/cryptoslate","https:\/\/cryptoslate.substack.com","https:\/\/t.me\/cryptoslatenews","https:\/\/www.crunchbase.com\/organization\/cryptoslate","https:\/\/iq.wiki\/wiki\/cryptoslate","https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ","https:\/\/muckrack.com\/media-outlet\/cryptoslate","https:\/\/www.tiktok.com\/@cryptoslatenews"],"publishingPrinciples":"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles","ownershipFundingInfo":"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/","correctionsPolicy":"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback","ethicsPolicy":"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles","foundingDate":"2017-08-04","founder":[{"@type":"Person","name":"Nate Whitehill"},{"@type":"Person","name":"Matthew Blancarte"}],"contactPoint":[{"@type":"ContactPoint","contactType":"customer support","url":"https:\/\/cryptoslate.com\/contact\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"sales","url":"https:\/\/cryptoslate.com\/advertising\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"newsroom","url":"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback","email":"tips@cryptoslate.com","availableLanguage":"en-US"}],"masthead":"https:\/\/cryptoslate.com\/about\/#masthead"},{"@type":"Person","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/ea2b02b41a7478e18d903ca8eec4979e","name":"Liam 'Akiba' Wright","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/10\/about-liam-150x150.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/10\/about-liam-150x150.jpg","caption":"Liam 'Akiba' Wright"},"description":"Also known as \"Akiba,\" Liam Wright is the Editor-in-Chief at CryptoSlate and host of the SlateCast. He believes that together decentralized blockchain and AI technology have the potential to make widespread positive change.","sameAs":["https:\/\/www.akiba.gg","https:\/\/www.instagram.com\/akibablade","https:\/\/twitter.com\/akibablade"],"award":["Most improved footballer - 1992"],"knowsAbout":["Python","Javascript","PHP","HTML","Agentic Software","Machine Learning","2000s emo music","Manchester United"],"knowsLanguage":["English","Spanish"],"url":"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/551173"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/1264"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=551173"}],"version-history":[{"count":4,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/551173\/revisions"}],"predecessor-version":[{"id":551295,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/551173\/revisions\/551295"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/551294"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=551173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=551173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=551173"},{"taxonomy":"prediction_market_topic","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/prediction_market_topic?post=551173"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=551173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}