A post by @PANewsCN on X.
DeFi平台Vestige将于12月31日停运
@PANewsCN on X
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DeFi platform Vestige will shut down on December 31, closing its main site, API, trading aggregator and related services. The platform attributed the decision to Algorand ecosystem trading volumes that remained insufficient over the past year to cover its operating costs. Vestige did not disclose user or volume figures in the announcement. The closure removes one of the aggregator options for Algorand-based traders, narrowing routing choices in a chain that has struggled to sustain DeFi activity. What to watch next is whether other Algorand venues absorb Vestige's flow and whether the ecosystem can revive volumes enough to retain infrastructure providers.
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Named in this story
Vestige, Algorand (ALGO)
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