Vestige to shut down Algorand DeFi platform on December 31, 2026, citing costs

Vestige, a DeFi platform built on Algorand, is closing its main services due to insufficient trading volumes. The company announced that its website, API, and swap aggregator will go dark on December 31, 2026, as the business model could no longer be sustained.

The closure stems from a prolonged period of inadequate trading activity across the Algorand ecosystem. While the platform's aggregator historically routed over $200 million in trading volume, this lifetime total wasn't enough to cover ongoing operating costs or achieve profitability.

User Funds Protection

User assets remain safe during this transition. Funds in personal wallets are unaffected since Vestige never held them in custody. For users with assets in Vestige vaults, a legacy frontend at legacy.vestige.fi will continue operating, allowing access to those positions.