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Alpaca Finance Pulls the Plug: DeFi Protocol Begins Liquidation Process

Alpaca Finance Pulls the Plug: DeFi Protocol Begins Liquidation Process

CryptotimesIO
Release Time:
2025-05-27 08:02:41
0

Alpaca Finance Announces Shutdown, Begins Wind-Down Process

Another one bites the dust—Alpaca Finance, the leveraged yield farming platform, is shutting down operations. The team cites ’market conditions’ (read: another DeFi project that couldn’t outrun the bear).

Wind-down mode activated: All positions being unwound, assets returned to users. No heroic last-minute pivot to AI or layer-3 solutions here—just a rare case of actual DeFi accountability.

Pro tip for yield chasers: Maybe don’t name your protocol after an animal known for getting sheared.

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