orderly

BitMart officially released a long announcement on platform X, with the main content as follows: "This announcement aims to inform everyone of the latest developments following the announcement on July 26, 2026. We thank users for their patience during this period.After further discussions with users, stakeholders, and professional advisors, BitMart is formulating a potential restructuring plan as an alternative to a comprehensive liquidation. This plan may include a phased and orderly resumption of some business operations while distributing assets to creditors. The relevant arrangements still require further legal, financial, operational, and compliance assessments. To advance the relevant processes, BitMart has appointed Weikai Law Firm as its restructuring legal advisor. Weikai will work with BitMart's other professional advisors to evaluate feasible plans and assist in formulating a potential restructuring plan, which includes a framework for phased resumption of operations.Currently, we are working with the advisory team to develop a roadmap, aiming to release the next update no later than September 9, 2026.Once the relevant information is confirmed, we will continue to update the community. During the advancement of the above work, we kindly ask everyone to remain patient and understanding. Once the business recovery plan is formally drafted, we plan to solicit feedback from community users. Please continue to pay attention to our official website, official mobile app, and official social media channels for subsequent announcements. As always, please be vigilant against various scam messages and only trust content released through BitMart's official channels. Thank you for your trust and support."

Galaxy Research released the Q2 2026 Crypto Leverage Market Report, showing that the total amount of crypto collateralized lending decreased by 16.78% month-on-month to $56.16 billion, down 40.13% from the Q3 2025 peak of $78.69 billion. Among them, DeFi lending shrank by 27.61% month-on-month to $20.43 billion, while CeFi borrowing decreased by 9.62% month-on-month to $22.98 billion, marking the first time since Q3 2023 that CeFi volume has surpassed DeFi. Tether continues to dominate the CeFi market with a 58.54% share.The report points out that the current deleveraging differs from previous bear markets in its "orderly and moderate" pace: with consecutive quarterly declines of only 10%, 5%, and 17%, rather than the cliff-like collapse of over 55% in a single quarter as seen in 2022. In the futures market, open interest in Q2 slightly decreased by 3.08% month-on-month to $103.2 billion, but rebounded to about $114 billion in July. Regarding institutional corporate debt, Strategy completed a $1.5 billion debt buyback in May, reducing the total outstanding debt in the DAT industry to $16.1 billion. The report believes that if the market does not experience severe liquidations or counterparty defaults, deleveraging is expected to continue in a gradual step-down pattern.

The digital financial platform ABFinance, founded by former Bybit co-CEO Helen Liu, announced on platform X that its original launch plan will not continue, and the project is currently undergoing an orderly shutdown and liquidation arrangement.The team expressed heartfelt gratitude to the participants, community members, and partners who have built together for their trust, support, and recognition, and thanked them for the direction previously pursued together.

In response to the doubts regarding a large number of users being unable to withdraw funds after the shutdown, BitMart founder Sheldon stated on the X platform: "1. We have not run away, nor will we. 2. Many rumors and so-called revelations from former employees and current employees, screenshots, etc., please do not believe in rumors. 3. The core team is still conducting asset inventory, asset collection, and system maintenance work; orderly refunds are our goal, please wait for announcements and notifications. 4. We have not misappropriated assets, nor have we engaged in early withdrawals or evacuations; we have considered the involvement of courts and third-party auditing agencies to provide a transparent report."

According to the official announcement, BitMart has announced that after assessing its operational status, market environment, and future strategic direction, the platform has decided to orderly cease trading operations. Starting from July 26 at 01:30 (UTC), BitMart will gradually stop new user registrations and cryptocurrency, fiat currency deposits. The contract accounts will enter a mode of only reducing positions, spot trading will stop accepting new orders, and automated services such as copy trading, grid trading, and API trading will also gradually shut down.Starting from August 26 at 01:00 (UTC), BitMart will stop all spot, contract, and other trading services. Any contract positions that have not been closed by then may be processed according to the marked price, index price, or applicable settlement rules. Financial management, staking, lending, and Launchpad products will be terminated in phases, with specific redemption and settlement arrangements to be notified separately.The platform plans to officially cease trading platform operations on January 31, 2027, at 15:59 (UTC). After the shutdown, users will still be able to log into their accounts, view their history, and submit withdrawal requests within a specified period. BitMart advises users to complete identity verification and close all positions before August 26 at 01:00, and to submit withdrawal requests before 05:00 on the same day.Withdrawal services are still available, but some requests may be subject to manual review due to KYC, device and account security, source of funds, withdrawal address, Travel Rule, sanctions screening, and other requirements. BitMart reminds users to download and save their account balances, deposit and withdrawal records, and transaction history in advance, while also being vigilant against scams impersonating platform personnel who charge "expedited fees," "unfreezing fees," or request passwords, verification codes, private keys, and mnemonic phrases.

According to official news, Pyra stated that after evaluating all feasible options, the company has decided to gradually shut down its operations. The official statement mentioned that the Drift vulnerability attack incident had a severe impact on its business and users. Despite continuously searching for a path to continue operations over the past few months, they ultimately failed to find a sustainable solution.

AAVE founder Stani posted on the X platform that the team is working with multiple partners to advance several proposals to achieve an orderly return to normal market conditions and ensure the best outcomes for users.The Arbitrum Security Council has recovered $70 million worth of ETH, a move that significantly reduces potential risk exposure. Various discussions and solutions are currently being considered. Stani stated that he is focused on Aave users and the protocol, and expressed gratitude for the support from industry developers. Updates on subsequent progress will be continuously released through @aave.

According to official news, the Angle Protocol community has agreed to orderly shut down the EURA and USDA stablecoins over a one-year transition period through proposal AIP-112.Users can cross back EURA and USDA from various chains to Ethereum via the Angle App before March 1, 2027, and exchange them for EURC and USDC at a 1:1 ratio. VaultManager positions can be closed to retrieve collateral.After the transition period ends, the protocol will cease operations, and EURA and USDA may become unpegged; remaining reserves will be reclaimed by multi-signature and airdropped proportionally to unreleased holders on Ethereum through Merkl. Users will have a one-year window to claim after the airdrop goes live.

According to the official announcement, the cryptocurrency exchange bit.com has announced its shutdown, will orderly reduce its existing operations, and simultaneously launch the "User Asset Migration Plan."

The Ministry of Industry and Information Technology and five other departments issued the "Implementation Plan for Enhancing the Adaptability of Supply and Demand for Consumer Goods and Further Promoting Consumption." It proposes the orderly development of platform consumption. The orderly development of new business formats such as live e-commerce, instant retail, curated retail, and circular e-commerce is encouraged. Platform enterprises are encouraged to legally and compliantly utilize artificial intelligence technology to explore user needs and match and push products and services.Support platform enterprises in applying digital intelligence technologies such as virtual reality, the metaverse, artificial intelligence, and blockchain to create multi-scenario, immersive consumption experiences. Guide platform enterprises to carry out brand quality promotion activities for consumption. Strengthen the main responsibility of platform enterprises, enhance the qualification review of operators and the verification of product information, and improve the rapid processing mechanism for consumer disputes. (Jin Shi)

According to Jinshi reports, the Federal Reserve's meeting minutes show that several participants emphasized the risk of a disorderly decline in the stock market, especially in the context of a sudden reassessment of artificial intelligence-related prospects.

Orderly Network launches the Kronos QLS Vault, a market-neutral quantitative strategy tool developed by Kronos Research.The Vault balances long and short positions through algorithmic trading, capturing alpha returns, focusing on the top 50-100 high liquidity futures tokens by trading volume, and rotating the capital daily to achieve low slippage and stable returns.

ChainCatcher message, UPBIT will launch Orderly (ORDER) trading on October 24, 2025, at 16:00, and will support the KRW market. Please note that after trading support begins, buy orders will be restricted for about 5 minutes, and the minimum selling price will also be limited. For details, please pay attention to subsequent announcements.

ChainCatcher news, according to Jinshi reports, Federal Reserve Vice Chairman Jefferson stated that the balance sheet will continue to shrink in an orderly manner.

ChainCatcher message, UPBIT will launch BTC and USDT trading for Orderly (ORDER) on September 29, 2025, at 20:30. Users can deposit within 2 hours after the announcement is made. Please note that deposits must be made through the Ethereum network.

ChainCatcher message, liquidity infrastructure Orderly has launched Orderly ONE, allowing users to build high-performance perpetual contract DEX in minutes without writing any code. Users including creators, funds, DAOs, or trading communities can quickly launch trading platforms with just a few clicks, compatible with over 17 mainstream blockchains such as Solana, Arbitrum, Base, BNB Chain, AbstractChain, and more.Creating a DEX is free, and users can customize their brand and start trading immediately. To enable fee revenue, a payment of $1,000 is required, or users can use ORDER tokens to enjoy a 25% discount.

ChainCatcher news, the liquidity infrastructure Orderly has launched the multi-collateral feature on Solana. Users can now use SOL and USDT as trading margins.

ChainCatcher message, staking service provider Kiln has initiated an orderly exit of all Ethereum validators following the SwissBorg-related Solana incident, expected to be completed in 10 to 42 days, with an additional 9 days required for withdrawals, as a precautionary measure to ensure asset safety.The Kiln team stated that rewards will still be earned during the exit period, and there are currently no signs of other financial losses. Some services are temporarily suspended, and infrastructure is being reinforced. A detailed report will be released afterward.