UX Chain announces shutdown; users must clear their positions by April 30

GateNews

2026-04-01 03:32:05

Gate News message, on April 1, UX Chain’s official announcement stated that it has launched a platform shutdown plan. According to the announcement, users must close out all outstanding positions before the platform’s full liquidation begins on April 30. The protocol is expected to be completely shut down on May 15. UX Chain said it will use reserves and fiscal funds to cover the protocol’s funding shortfall, and that specific details will be published in the UX Governance Forum.

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