ODOS will cease operations at the end of July, reminding users to migrate their assets in a timely manner.
2 days ago
According to official announcements, decentralized exchange (DEX) aggregator ODOS has announced it will cease operations following an evaluation. Its applications will enter read-only mode on July 27, 2026, with all services permanently shut down on July 30. The platform stated users can still perform swaps and close positions normally for now, but new user registrations, new wallet creation, and limit order functions have been disabled since July 23. ODOS emphasized it operates on a non-custodial model, meaning users retain full control of their assets (stored on-chain) and the platform never holds user funds. For users who created wallets via social media accounts or email, ODOS reminds them to either transfer assets or export private keys before July 30. After service closure, users will still be able to view historical transaction records and account balances, but the team will no longer provide product development, technical support, or maintenance. The official added users need not worry about asset safety, but recommends migrating to alternative services as soon as possible. Additionally, ODOS noted the ODOS token remains independent on the blockchain; the company will not custody, operate, or make a market for the token, and the platform’s shutdown will not alter its on-chain operating mechanism. The ODOS DAO is independent of the operating company, and future plans will be announced separately by the DAO. The official also warned no new products, token migrations, claim events, or airdrops will be launched in the future. Any attempts to induce users to act via direct messages, fake customer service, or "migration websites" may be scams, and users must never disclose their mnemonics or sign suspicious transactions.
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