Odos Protocol Shuts Down, Sets July 30 Withdrawal Deadline

Decentralized exchange aggregator Odos Protocol announced plans to shut down operations, instructing users to withdraw assets by July 30. The team disclosed the decision in a Thursday X post but provided no rationale for the closure. The protocol's DEX aggregator volume has declined from a peak of $7.8 billion in December 2024 to $169 million in July 2026, while generating $2.72 million in annualized revenue according to DefiLlama data.

Odos Protocol Volume Declined from $7.8 Billion Peak to $169 Million

Odos Protocol's DEX aggregator volume fell to $169 million in July 2026 from a peak of $7.8 billion in December 2024. The protocol generated $2.72 million in annualized revenue, according to DefiLlama data.

Odos DAO and ODOS Token to Continue Operations

The team stated in the X post that the Odos DAO is separate from the operating company and will announce its own plans. The ODOS token will continue to exist onchain.

BitMEX Announced Closure After 11 Years

Derivatives exchange BitMEX announced plans to shut down operations on Thursday, after 11 years. Several crypto platforms and decentralized finance protocols have announced closures in recent months.

FAQ

What is the deadline for Odos Protocol users to withdraw assets? Users have until July 30 to withdraw their assets from Odos Protocol.

What happened to Odos Protocol's trading volume? Odos Protocol's DEX aggregator volume declined from a peak of $7.8 billion in December 2024 to $169 million in July 2026.

Will the ODOS token continue to exist after the shutdown? Yes, the ODOS token will continue to exist onchain, and the Odos DAO will announce its own plans separately from the operating company's closure.