Chaos Labs has announced its withdrawal from Aave DAO, following the departures of BGD and ACI.

CoinFeed reported on April 7th that Chaos Labs, which had been responsible for risk management for Aave V2 and V3 markets since November 2022, announced its withdrawal from the partnership with Aave and the termination of the cooperation agreement. Although Aave Labs offered to increase its budget to $5 million to retain Chaos Labs, fundamental differences in risk management priorities and methods led to Chaos Labs' decision to leave. Chaos Labs stated that Aave's three years of operational experience and risk management had made it a benchmark in the decentralized finance (DeFi) field. However, the new architecture and expanded risk management scope of Aave V4 increased operational and legal burdens, and the existing budget was insufficient to support risk management at this scale.