Vertex Protocol Completes Final Shutdown Phase, Distributes All User Funds
**Vertex Protocol has completed Phase 4 of its shutdown sequence**, with all user funds successfully settled and distributed to connected wallets. The shutdown process occurred over multiple phases:
- Phase 2 (July 10): Oracle prices frozen, reduce-only orders
- Phase 3 (July 14): Force-closure of positions, repay-only borrows
- Phase 4 (July 16-17): Final settlement and fund distribution
*Trading, deposits, and withdrawals are now permanently disabled.* Trade history will remain accessible for four weeks.
The team hints at future developments on Ink platform.