According to an official post on Odos’s X account, the company operating the DeFi liquidity aggregation protocol Odos has announced the shutdown of its operations. The timeline is as follows: As of July 23, new account registrations, new wallet creations, and the new limit order feature have been disabled; existing users can still perform swaps and close positions normally. From July 27 to 30, the application switched to read-only mode, allowing users to view their transaction history and balances. On July 30, all Odos services will be permanently shut down. Odos is a non-custodial protocol, and user assets remain on-chain. Users who created wallets via social media accounts or email must complete asset transfers or export their private keys before July 30. Additionally, the ODOS token exists independently on-chain; the company’s shutdown does not affect its on-chain mechanics, and the Odos DAO will announce future plans separately.
DeFi Aggregator Odos Announces Permanent Service Closure on July 30
TechFlowShare
Summary
The DeFi aggregator Odos has confirmed the permanent shutdown of its services, marking a significant on-chain event. New account registrations, wallet creations, and limit order functions will cease on July 23. From July 27 to 30, the app will enter read-only mode before fully shutting down. User assets remain on-chain, and ODOS token operations are unaffected. This decision follows a DeFi exploit that raised concerns about protocol security.
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