Aave Proposal Would Axe $98M of Markets Across 6 Chains

Aave proposal targets 50 low-adoption reserves plus six chain deployments — $98.1M supplied, $15.6M debt — under its new post-KelpDAO risk framework.

• Aave is proposing to remove 50 low-adoption reserves and shut down 6 smaller blockchain deployments, impacting $98.1M in supplied assets and $15.6M in debt.
• This move is driven by a new risk framework aimed at reducing operational costs, improving risk management, and eliminating underperforming markets.
• The proposal seeks to streamline Aave's operations by prioritizing efficiency and risk control over sheer network expansion.

Topics: Scalability, Legal regulatory, Blockchain usage, Market depth liquidity, Enforcement actions litigation, Ethereum evm l 1 s

Tags: #aave #riskframework #lowadoptionreserves #chaindeployments #governance #liquidity #maintenancecosts #bridgedassets #pendle #kelpdao

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Chainlink's CCIP Absorbs $7 Billion in a Massive Migration of Protocols

CCIP allows the connection of assets from different cryptocurrency networks. The growth is due to c

• Chainlink's Cross-Chain Interoperability Protocol (CCIP) saw a massive migration of over $7 billion in token value in Q2 2026, driven by a demand for enhanced security.
• Major protocols like Mantle, KelpDAO, and financial institutions such as Kraken and Robinhood have adopted CCIP, abandoning legacy bridges due to vulnerabilities.
• Citi's 'Tokenization 2030' report highlights CCIP as a key standard for connecting the future tokenized global financial system, projecting a $8.2 trillion market by 2030.

Topics: Infrastructure providers, Blockchain usage, Integration with defi, Tokenization platforms, Layer 2 scaling, Rwa collateral lending

Tags: #chainlinkccip #interoperability #crosschainbridges #tokenmigration #security #mantle #kelpdao #lombardfinance #kraken #defi

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