LlamaRisk proposed restructuring Aave V3’s Ethereum Core market by freezing reserves for several crypto assets. The proposal is still at the Aave Request for Comments discussion stage; no restrictions have been introduced. As of Nov. 9, 2026, the proposed changes covered $1.33 billion in collateral backing about $1.03 billion in debt.
Under the plan, affected reserves would stop accepting new deposits and could no longer be used for new borrowing. Existing positions would remain open, so users could repay debt or withdraw assets without immediate forced liquidations. LlamaRisk said the changes would reduce risks for liquidity providers by focusing V3 Core on established, liquid collateral; some more complex assets could move to isolated Aave V4 markets. If approved, the initial changes would proceed to an Aave Improvement Proposal.
