Hats Finance, a decentralized security project, announced it will cease its centralized front-end and server operations by December 31, 2025, marking the final phase of its shutdown. The team cited insufficient growth in smart contract security budgets, rapid advancements in AI security tools, and the maturity of reusable contract components as reasons for the unsustainable demand for HATS tokens and the protocol. The protocol will remain on-chain, governed by a DAO. Users can submit withdrawal requests via the custodial UI until December 17, after which they must interact directly with the contract to complete withdrawals.