BSCN(@BSCNews):Sui Network takes a hit with AlphaFi shutdown... The @SuiNetwork-based DeFi yield optimizer and money market protocol @AlphaFiSUI has announced it is shutting down in an "orderly way". Users can no longer take loans on the platform but withdrawals remain open. According to Sui itself, the shutdown follows a "misconfiguration of their ALPHA oracle and subsequent creation of bad debt".

BSCN

@BSCNews

The only platform you need to stay informed on the global news that matters | DM for inquiries or email info@bsc.news

가입 November 2020

71 팔로잉 중 1.4M 팬

BSCN@BSCNews

2026.09.26 17:37

Sui Network takes a hit with AlphaFi shutdown... The @SuiNetwork-based DeFi yield optimizer and money market protocol @AlphaFiSUI has announced it is shutting down in an "orderly way". Users can no longer take loans on the platform but withdrawals remain open. According to Sui itself, the shutdown follows a "misconfiguration of their ALPHA oracle and subsequent creation of bad debt".