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Lifinity to Distribute $43.4M to Token Holders as Solana DEX Winds Down

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SOL
$125.29-0.85%
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USDC
$1.0001-0.01%
Lifinity, a top Solana DEX with over $149 billion in trading volume, will shut down after a near-unanimous governance vote. The project plans to distribute its $42 million treasury in USDC to $LFNTY holders. Based on book value, each token is expected to receive $0.90–$1.10. The payout of $xLFNTY tokens will start in nine days. Altcoins to watch may include tokens affected by this major Solana DEX exit.
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