In response to the sudden outage of ZKX, on-chain detective ZachXBT commented on the X platform that ZKX was criticized by Amber Group, HashKey, and ArkStream, and issued a statement calling on ZKX to pay for this behavior. On the other hand, personnel from the Starknet Foundation defended ZKX's actions.
ZKX investor and market maker Amber Group issued a statement on the sudden closure of ZKX last night. Amber Group disclosed that it currently holds 3 million ZKX tokens, including 1 million token loans and 2 million net purchases from the market. The company said that since the ZKX token TGE, due to the lack of buying interest, even if the price fell, they have been net purchases to maintain liquidity. Amber Group stressed that ZKX suddenly announced the suspension of operations on July 30 witho...
StarkNet derivatives trading protocol ZKX founder @0xEduard said it is with great regret to announce the cessation of operations, and said that despite best efforts, it is still impossible to find an economically viable path for the protocol. Currently: All markets have been delisted, positions have been squaring, and all funds have been returned to each user's trading account; Users can transfer funds from the trading account to the main self-escrow account; The self-escrow ZKX account is a wal...