Odos Protocol to shut down, gives users until July 30 to withdraw assets
Summary
Odos Protocol, a decentralized exchange (DEX) aggregator, plans to shut down operations and has given users until July 30 to withdraw their assets. The team said the Odos DAO is separate from the operating company and will issue its own update, while the ODOS token will remain onchain. No reason for the shutdown was given. The protocol’s trading activity has fallen sharply over the past two years, with monthly volume dropping to $169 million in July 2026 from a peak of $7.8 billion in December 2024. DefiLlama data shows annualized revenue of about $2.72 million. The closure adds to a recent wave of shutdown announcements across crypto and DeFi, including BitMEX’s plan to wind down operations after 11 years.
