DeFi platform Vestige will cease operations on December 31.

DeFi platform Vestige will cease operations on December 31, shutting down its main site, API, trading aggregator, and related services. Trading volume within the Algorand ecosystem was insufficient to cover the costs of running Vestige, and the team failed to achieve long-term profitability. Assets in user wallets will remain unaffected, and assets deposited into the Vault will still be accessible through the existing front-end. Vestige will destroy all remaining VEST tokens and VEST liquidity tokens held in the Vault.