My wind down list (unfortunately) continues.
More protocols that announced shutdowns this year ↓
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@zerodotnetwork | Zerion’s gasless Ethereum L2. Users must withdraw their assets before the network stops producing blocks on July 31.
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@Powerloom | Decentralized data network. Hosted services began closing in June, with its chain scheduled to shut down permanently on July 21.
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@SatoriFinance | Perpetual-futures DEX. Operations ended on July 16 after its revenue became insufficient to sustain the platform.
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@ionicmoney | Multichain lending protocol. Ceased operations following the damage caused by its 2025 exploit.
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@EverclearOrg | Cross-chain clearing protocol formerly known as Connext. The protocol was sunset, while its Foundation and Labs began winding down.
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@zerolendxyz | Multichain lending protocol. Began winding down because inactive chains, shrinking liquidity, thin margins and growing security risks made it unsustainable.
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@PolynomialFi | Onchain derivatives protocol. Closed Polynomial Trade and Polynomial Chain, with the final chain shutdown taking place on March 3.
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@milky_way_zone | Liquid-staking protocol. Announced its permanent wind-down in January.