DeFi lending protocol Ionic Protocol announces it will cease operations, urging users to withdraw funds as soon as possible
According to Odaily, the DeFi lending protocol Ionic Protocol announced on platform X that due to the escalating impact of a security breach incident in 2025, the project has been forced to immediately cease all operations, and all users are required to withdraw their assets from all deployments as soon as possible. Ionic Protocol added that there was "no other choice" but to shut down, and that the relevant services are now in the process of termination.
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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