Satori Finance shuts down; withdrawals by July 16, 2026

Satori Finance, a multi-chain DEX, is closing due to market conditions. Users must withdraw funds by July 16, 2026, to avoid losing access as the platform shuts down.

Satori Finance, a multi-chain decentralized exchange backed by Polychain Capital and Coinbase Ventures, is shutting down due to prolonged unfavorable market conditions and insufficient revenue. The platform, which raised $10 million in 2022 and achieved $134 billion in perpetual contract trading volume, announced that users must withdraw their funds by July 16, 2026, at 23:59 UTC, before operations cease. Previously, Satori Finance supported trading on Ethereum, BNB Chain, and several layer-2 networks, serving over 600,000 registered traders. The team emphasized that there have been no hacks or exploits, and all user assets remain secure. This closure underscores the ongoing challenge of financial sustainability in the crypto industry, as many projects face similar difficulties amid the market downturn. Users are strongly urged to close positions and withdraw assets before the deadline to ensure access to their funds.

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