Plaza, a programmable derivatives platform, will begin to gradually close today
2025-08-29 08:02:56
Plaza Finance, a programmable derivatives platform, announced the commencement of liquidation on August 28, 2025. The bondETH and levETH products featured in the agreement were forced to terminate due to failure to gain sufficient market acceptance. The team will ensure that holders can safely redeem their assets and has initiated a step-by-step liquidation process. The liquidation process will be conducted through CoWSwap, and the redemption price will be fixed based on the amount of ETH obtained from the liquidation.
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