Plenty DEX Announces Wind-Down of Operations
Plenty DEX Announces Wind-Down of Operations
🚨 DEX Says Goodbye Forever
Plenty Network has announced it will cease operations due to high operating costs and low trading activity on L1. Key points:
- Frontend fix coming May 20th to enable liquidity withdrawals
- Decision driven by unsustainable management and operational costs
- Low trading volume on L1 contributed to closure
- Team will provide additional wind-down details soon
Action Required: Users should prepare to withdraw their liquidity once the frontend fix is implemented on May 20th.
Important Update on Plenty DEX We’re currently implementing a frontend fix that will enable users to withdraw their existing liquidity. This update is expected to go live on May 20th. In addition, we want to share that @plenty_network will begin winding down operations. This
Plenty Bridge Officially Shuts Down After Extended Deadline
The **Plenty Bridge has permanently closed** after months of extended deadlines to allow users to complete transfers. - No further bridging activity is possible - Users had extra time beyond the original July 31st deadline due to technical issues - Final shutdown occurred on August 28th, 2025 Plenty Network continues its **wind-down process** as previously announced. The team thanked users for their participation throughout the bridge's operation. For remaining questions or support, users can reach out on [Discord](https://discord.gg/zjwpBtKBrX).
Plenty Bridge Shutdown Extended to August 25th
The Plenty Bridge shutdown has been extended from August 7th to August 25th, 2025. This extension follows a previous delay from July 31st due to technical issues. - Bridge continues to operate stably - Users get additional time to: * Complete pending transfers * Resolve any outstanding issues * Seek support if needed *Support remains available through Discord for users requiring assistance.* **Important**: All users should plan to complete their bridge transactions before the final August 25th shutdown.
Plenty Bridge Shutdown Extended to August 7th
The Plenty Bridge shutdown deadline has been extended by one week to August 7th, following recent technical issues. - A signer outage on the Tezos → Ethereum bridge caused transaction delays - All systems are now operational with signers fully synced - Users have until August 7th to complete any remaining transfers - Ethereum → Tezos transfers remain unaffected The bridge infrastructure is being deprecated due to instability and low usage. Users with liquidity in Tezos pools containing bridged assets should remove it before the shutdown. *Need assistance? Join the [Plenty Discord](https://discord.gg/plenty) for support.*
Plenty Bridge Shutdown Notice: Action Required for Tezos-Ethereum Bridge Users
**Critical Update**: Plenty Network is shutting down their Ethereum-Tezos bridge due to infrastructure deprecation and low usage. **Key Points**: - Bridge closure scheduled after July 2025 - Users must transfer assets between networks before shutdown - Recommended to remove liquidity from Tezos pools with bridged assets **Recent Context**: - Ethereum bridge was temporarily restored in June - Polygon bridge already deprecated and closing - DEX remains operational Visit [Plenty Bridge](http://bridge.plenty.network) to manage your assets before the deadline. *Action Required*: Transfer your assets across chains before July ends.
Plenty DEX Withdrawal Update and Wind-down Announcement
Plenty DEX has released new withdrawal features for existing users. Key updates include: - Ability to detach VeNFT from gauge - Unlock veNFTs after maturity (post-detachment) - Withdraw V2 LP positions after detaching This follows the May announcement of Plenty Network winding down operations due to high operating costs and low trading activity on L1. Users can access withdrawal functions at [withdraw.plenty.network](http://withdraw.plenty.network). **Action Required**: Users should plan to withdraw their assets using the new features.