Lifinity to Distribute $43.4M to Token Holders as Solana DEX Shuts Down

2025-12-19 02:50

Lifinity, a prominent decentralized exchange (DEX) on the Solana blockchain, is set to close operations following a decisive governance vote. The platform, which has facilitated over $149 billion in trading volume, will distribute its $42 million treasury in USDC to holders of its $LFNTY tokens. Each token holder is expected to receive between $0.90 and $1.10 based on book value. The distribution of $xLFNTY tokens is scheduled to commence in nine days. This development marks a significant exit from the Solana ecosystem, potentially impacting related altcoins and the broader market dynamics.

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