Post #11668

ZeroLend shuts down, citing inactive chains and hacks ZeroLend is shutting down after three years, citing unsustainable economics, thin margins and rising security threats. The team says its priority is to allow users to safely withdraw assets, especially on low-liquidity chains like Manta, Zircuit, and XLAYER. The protocol’s total value locked has plunged 98% to $6.6M from its November 2024 peak of nearly $359M, according to DefiLlama. Users affected by last year's $LBTC exploit on Base will receive partial refunds funded by ZeroLend's $LINEA token allocation. 🔗x.com/zerolendxyz/status/2023402141545791866 @TOP7ICO