Ionic Protocol, a DeFi lending platform, has announced its permanent shutdown following a hacker exploit in 2025. Users are advised to withdraw their assets from all deployed chains immediately. However, many users report significant liquidity shortages in funding pools, hindering normal withdrawals.
Amidst the shutdown, some users are demanding the return of ezETH assets that were not affected by the hack. The Ionic Protocol team has yet to release a detailed post-mortem analysis of the incident.
Ionic Protocol Shuts Down After 2025 Hack, Users Urged to Withdraw Assets
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