Odos announces permanent shutdown of platform services

Odos announces permanent shutdown of platform services

The ODOS token will continue to exist on-chain independently of the business.

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By Editorial Team
Edited by Vivian Nguyen

Odos has announced that the company behind the DeFi trading aggregator will cease operations later this month, with the application switching to read-only mode on July 27 and shutting down entirely on July 30.

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Odos said the shutdown does not affect users’ ownership of assets because the protocol is non-custodial. Users who created wallets through social or email logins should transfer their assets or export their private keys before July 30, while wallet recovery instructions will remain accessible on the project’s official page after the shutdown.

The company added that the ODOS token continues to operate independently on-chain and that the Odos DAO remains a separate entity that will communicate its own future plans. 

The team also cautioned users against scams involving fake token migrations, airdrops, support accounts, or relaunch announcements, stating that the company will not release any new products or token-related programs.

Odos launched its public beta in mid-2022 with a goal of helping users find efficient token swap routes across decentralized exchanges. The project uses its native ODOS token for governance and ecosystem incentives.

In August 2024, Odos announced the close of its Series A funding round, adding investors including CE Innovation Capital, Uniswap, Curved Ventures, Orbs, Mantle, PAKA Fund and several angel investors.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
FINANCE
Odos announces permanent shutdown of platform services
Odos announces permanent shutdown of platform services

The ODOS token will continue to exist on-chain independently of the business.

By Editorial Team
Edited by Vivian Nguyen

Share

Add us on Google

Odos has announced that the company behind the DeFi trading aggregator will cease operations later this month, with the application switching to read-only mode on July 27 and shutting down entirely on July 30.

Advertisement

Odos said the shutdown does not affect users’ ownership of assets because the protocol is non-custodial. Users who created wallets through social or email logins should transfer their assets or export their private keys before July 30, while wallet recovery instructions will remain accessible on the project’s official page after the shutdown.

The company added that the ODOS token continues to operate independently on-chain and that the Odos DAO remains a separate entity that will communicate its own future plans. 

The team also cautioned users against scams involving fake token migrations, airdrops, support accounts, or relaunch announcements, stating that the company will not release any new products or token-related programs.

Odos launched its public beta in mid-2022 with a goal of helping users find efficient token swap routes across decentralized exchanges. The project uses its native ODOS token for governance and ecosystem incentives.

In August 2024, Odos announced the close of its Series A funding round, adding investors including CE Innovation Capital, Uniswap, Curved Ventures, Orbs, Mantle, PAKA Fund and several angel investors.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.