Trading Platform Dango Halts Operations: Trading Stops July 29, L1 Blockchain Shuts Down August 13

L10.59%
ETH1.18%

According to ChainCatcher, Dango announced it will halt trading on July 29 at 20:00 Beijing time (12:00 UTC) due to the lack of a viable path to sustained commercial success. At the time of shutdown, remaining positions will be liquidated at oracle prices, DLP vault deposits will be unlocked, and all funds will be returned to users' spot accounts in USDC.

Dango's L1 blockchain will cease operations on August 13 at 20:00 Beijing time (12:00 UTC). Any deposits not yet withdrawn will be refunded to users' original Ethereum deposit addresses.

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