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Trading Platform Dango to Halt Operations: Trading Stops July 29, L1 Blockchain Shuts Down August 13

2026-07-25 02:17:48

L1-22.24%

ETH-1.89%

According to ChainCatcher, trading platform Dango announced it will cease operations, citing an inability to achieve sustained commercial success. Trading will halt at 20:00 Beijing time on July 29 (12:00 UTC), with remaining positions liquidated at oracle prices and all funds returned to users in USDC. The Dango L1 blockchain will shut down at 20:00 Beijing time on August 13 (12:00 UTC). Users are advised to withdraw funds immediately, as liquidity is expected to be thin. Any deposits not withdrawn by the L1 shutdown will be returned to users' original Ethereum deposit addresses.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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