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The liquidity protocol DeFiEdge has suspended deposits

Oct 14, 2024 20:15:05

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ChainCatcher news, according to Cointelegraph, the liquidity management protocol DeFiEdge has ceased all deposits from its user interface to its strategy contracts as of October 14. The application is integrated with several exchanges, including PancakeSwap, Thena, Camelot, Lynex, QuickSwap, and others.

It is reported that its team previously announced on X that they would "suspend" some strategies for the Camelot exchange on the Arbitrum network. They stated that users should withdraw their funds before October 10, as these strategies will no longer be managed after that date.

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