According to Odaily Planet Daily, the decentralized derivatives trading platform Rollup.Finance officially announced that it will cease operations. The team said that despite increasing trading volume and bringing innovation in 16 months, it decided to stop operations due to the lack of zkSync's resources and product-market fit.
Users will have one month to close their positions and withdraw funds before the platform is completely shut down. Open orders will be automatically liquidated, and affected users will have an additional month to withdraw funds. The relevant applications will be completely shut down after September 21, 2024.
Official emails, Twitter accounts, and Discord support channels will also be deactivated. The team thanks the community, early users, and investors for their support, and says it still believes in the decentralized future of DeFi and Ethereum.
