Project Progress

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Altura Vault initiates orderly liquidation due to redemption pressure, processing over 8.5 million USDT in 24 hours

On June 22, Altura on-chain yield platform CEO Ranveer Arora announced on X that in the past 24 hours, the platform had received unprecedented withdrawal requests and has successfully processed more than 8.5 million USDT for immediate redemptions. Given the ongoing redemption demand and market sentiment, the team decided to orderly close the Altura Vault, prioritizing the protection of users’ funds and ensuring that all redemptions are completed in a fair, transparent, and efficient manner. Spec
ALU-0.66%
RWA-0.17%
ETH-1.27%
MarketWhisper·06-22 01:46
Altura Vault initiates orderly liquidation due to redemption pressure, processing over 8.5 million USDT in 24 hours