PsyFi will shut down all services, including PsyLend and Vaults, on May 1st
According to the official news from PsyFi, a provider of financial tools in the Solana ecosystem, PsyFi (including PsyLend and Vaults) will shut down all front-end and back-end services on May 1, 2025, and cease platform support. The platform has now entered withdrawal-only mode, with officials reminding users to ensure their assets' safety by completing withdrawals before this date.
In addition, PsyFi stated that it might share contract addresses and IDLs in the future for users who need to interact directly with smart contracts.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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