Dango To Shut Down DEX And L1 Blockchain After April Launch

Dango will shut down its trading platform and its own Layer 1 blockchain after concluding the project has no path to lasting commercial success. The team told users to close positions and withdraw funds. According to BeInCrypto, trading stops on Wednesday, July 29, at 12 pm UTC, while the L1 will stop running on Wednesday, August 13, at 12 pm UTC. Remaining balances will be returned in USDC to spot accounts, and deposits left behind will go back to original Ethereum (ETH) addresses.