Aave has expanded its operations to the Mantle Network, aiming to enhance institutional-grade lending liquidity within the Layer-2 ecosystem. This integration includes support for major assets such as ETH, USDC, and USDT, targeting the attraction of substantial capital inflows.
In a strategic shift, Aave plans to discontinue its presence on low-revenue chains like zkSync, Metis, and Soneium. The company has set a $2 million annual revenue threshold for future expansions, underscoring its focus on profitability and operational efficiency.
Aave Launches on Mantle Network, Plans to Exit Low-Revenue Chains
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