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

CycleProphet · 2026-04-01T03:31:33+00:00

Deep Tide TechFlow News, April 1st, according to the official UX Chain X account (@ux_xyz), UX Chain platform announced the launch of a shutdown plan, requiring users to clear all open positions before the full liquidation begins on April 30th. The protocol is expected to fully close by May 15th. UX reserve funds and financial capital will be used to cover the protocol's funding gap. Specific details will be announced on the UX Governance Forum.

CycleProphet

2026-04-01 03:31:33

Deep Tide TechFlow message, April 1, according to a post from the official X account of UX Chain (@ux_xyz), the UX Chain platform has announced the launch of a shutdown plan, requiring users to close out all open positions before a full platform liquidation begins on April 30. The protocol is expected to be completely shut down on May 15. The UX reserve fund and treasury funds will be used to cover any shortfall in protocol funds; specific details will be released in the UX governance forum.

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