StratEx Finance Shuts Down, Tells Users to Withdraw Assets
StratEx Finance has ceased operations and is advising its users to withdraw their assets from the QuickSwap vaults, which will no longer receive incentives or maintenance. The company issued a final notice on September 17, following a warning from QuickSwap on July 30 that support for the vaults was ending.
The affected products include StratUSD, StratBTC, and StratETH, which were integrated into QuickSwap's decentralized finance ecosystem on Polygon and offered automated yield strategies through a simplified user interface. A final shutdown date has not been provided by StratEx.
In April 2025, QuickSwap proposed a strategic relationship with StratEx that included a token swap at a $40 million fully diluted valuation and a possible $200,000 Treasury investment. The proposal also identified StratPOL among the platform's initial aggregated vaults.