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".

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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".