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Plenty DEX Announces Wind-Down of Operations

🚨 DEX Says Goodbye Forever

By Plenty

May 19, 2025, 4:00 PM

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.

Sources

Plenty Labs 🖖

@plenty_network

·Follow

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

3:25 PM · May 15, 2025

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