Odos Protocol Shuts Down, Sets July 30 Withdrawal Deadline
Odos Protocol has announced it will shut down its operations and asked users to withdraw their funds by July 30th. The team behind Odos stated that they are winding down their activities due to the lack of activity on the platform, which had an estimated trading volume of $7.8 billion per month in December 2024 but fell to only $169 million per month in July 2026.
The operating company behind Odos will cease its operations on July 30, and users are advised to withdraw their funds related to the protocol before the deadline to prevent any complications after the completion of the operation period. The ODOS token will remain on-chain regardless of the closure of the operating company.
Odos DAO operates separately from the operating company, which will be closed. The DAO is expected to announce its plans for the future soon.