Aave Labs Winds Down Family iOS Wallet and Avara

• Aave Labs will wind down the Family iOS wallet by April 2027.
• The Avara umbrella brand is being retired as the firm recenters on Aave.
• Family Accounts will remain embedded within Aave products.

Aave Labs said it will wind down the Family iOS wallet and retire the Avara brand. The move narrows the company’s focus to the Aave lending protocol. It aims to simplify products and concentrate on DeFi adoption.

Family iOS Wallet to Be Phased Out

According to the announcement on X, Aave Labs will stop onboarding new users to the Family iOS wallet on April 1, 2026. Existing users will be able to use the app until April 1, 2027. After that date, users will retain full access to their funds through accounts.aave.com.

The company said the phaseout will occur gradually. Over time, the Family iOS app will be limited to account access and withdrawals. Aave Labs also mentioned that users will continue to control their assets through their existing wallets during the transition.

Notably, Family was acquired by Aave in 2023. The deal brought in a design and engineering team that later contributed to Aave’s mobile app, developer tools, and documentation.

Family Accounts Remain Core Infrastructure

While the standalone wallet is being retired, Aave Labs said the underlying Family Accounts technology will remain central to its products. Family Accounts are embedded wallets that support authentication and account management within Aave apps.

These accounts currently power features inside the Aave App and Aave Pro. Aave Labs said it plans to extend their use across future products as the platform scales.

The company said it expects new users to enter DeFi through focused financial tools, such as saving and borrowing services, rather than open-ended wallet interfaces. It said this approach improves usability and safety without reducing user control.

Avara Brand Retired

Aave Labs is also ending use of the Avara umbrella brand. Avara was introduced in 2023 to group several Web3 initiatives under one name, including Family and the Lens social media protocol.

Lens was sold earlier this year and is now stewarded by Mask. With those projects no longer central to its strategy, Aave Labs said the Avara brand is no longer needed.

All current and future products, including the Aave mobile app, Aave Pro, and Aave Kit, will now operate solely under the Aave Labs name.

Renewed Focus on Aave Lending

The changes reflect a renewed focus on the Aave lending protocol. Aave operates the largest onchain credit platform on Ethereum, according to industry data.

Late last year, Aave launched an updated app featuring high-yield savings options. The platform offers interest rates of up to 9% and protection on deposits up to $1 million.

Aave Labs has said it is pursuing long-term growth following the conclusion of a multiyear regulatory review by U.S. authorities. The company has outlined plans to scale toward trillions of dollars in onchain financial activity.

Governance Tensions Remain

The strategic shift comes amid ongoing debate between Aave Labs and the Aave DAO. The DAO, governed by AAVE token holders, oversees protocol smart contracts, risk settings, and onchain revenue. Aave Labs controls off-chain assets such as branding, domains, and the official website.

Tensions increased last December after Aave Labs integrated CoW Swap into the Aave interface and redirected swap fees away from the DAO treasury. A community proposal to seize Aave Labs’ intellectual property failed during a governance vote.

Aave founder Stani Kulechov has since said the company is open to sharing future non-protocol revenue with AAVE holders and revisiting branding arrangements.

Kulechov said the retirement of Avara and the Family wallet reflects a clearer strategy centered on DeFi lending. Aave Labs said it is aligning its teams around a single goal of expanding access to decentralized finance through simpler, focused products.

Related: Aave DAO Revenue Hits $140M as Governance Dispute Intensifies