Degen: Degen Chain sunsets - 31 Aug 2026

Degen's update says Degen Chain will officially sunset on August 31, 2026, ending its independent chain infrastructure. Users with assets on the chain are asked to bridge them off before the shutdown.The retirement creates a direct migration requirement for DEGEN holders using Degen Chain, while removing an independent part of the ecosystem. It also reduces the operational burden of maintaining separate chain infrastructure, allowing the project to concentrate resources on Base and POV Market instead. That shift may change where future products and activity are supported, but the announcement establishes resource allocation and availability, not demonstrated adoption or a measured market effect. For users, balances left on the retiring chain face a deadline for migration, making timely use of the bridge part of the transition.Degen Chain UpdateEvery ecosystem reaches moments where focus matters more than expansion.When we launched Degen Chain, our goal was to give the community a dedicated place to build and experiment. It was the right decision for that moment, and we're proud of everything the…