Aave will gradually shut down the Family iOS wallet and decommission the Avara brand, refocusing on DeFi operations.

2026-02-04 01:14:52

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Foresight News reports that Aave founder Stani.eth announced the gradual shutdown of the Family iOS wallet, but Family Accounts will continue to support the Aave App as infrastructure. Additionally, Aave Labs will no longer use the Avara umbrella brand, which includes the Family and Lens brands, with Lens now managed by Mask. Aave stated that this move is to concentrate resources on increasing Aave’s brand awareness and to refocus on DeFi business.

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