Venus Protocol Requires Users to Withdraw from vSXP Market by May 11 Deadline
Venus Protocol Requires Users to Withdraw from vSXP Market by May 11 Deadline
⏰ Venus vSXP Deadline
Venus Protocol has issued an urgent notice requiring all users to withdraw their funds from the vSXP market before May 11, 2026.
Key Details:
- Action is mandatory for all vSXP market participants
- Deadline: May 11, 2026
- Users must withdraw deposits to avoid potential issues
The protocol has posted detailed instructions on their community forum for users to follow. No specific reason for the market closure has been provided in the available information.
What Users Need to Do:
Visit the Venus community forum for complete withdrawal instructions and additional details about this requirement.
Time-sensitive action required - users should not delay their withdrawals.
Get more info on the Venus community forum: community.venus.io/t/action-requi…
Get more info on the Venus community forum: community.venus.io/t/action-requi…
Venus Protocol Shutting Down vSXP Market Due to Oracle Issues
Venus Protocol is closing its vSXP market on **May 11** due to oracle pricing failures and low liquidity. **Key Details:** - The vSXP market will become unpriceable after the deadline - Users must close all positions before May 11 - Venus will not be responsible for funds left in the market after closure The shutdown stems from a lack of reliable oracle options to price the asset and insufficient market liquidity to maintain operations.
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