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UX Chain Announces Gradual Shutdown Amid Liquidation Phase

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2026-04-01 03:33:32
UX Chain has announced on the X platform that it will gradually shut down, with its protocol entering the liquidation and exit phase. According to Odaily, users are advised to manage all open positions before the platform-wide liquidation begins on April 30.

The complete shutdown process is expected to be finalized by May 15. To address potential funding gaps, the protocol plans to utilize reserve funds and treasury assets. Additional details will be disclosed through the official governance forum.
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