Eden Network Shuts Down: 2,000 ETH Awaits EDEN Token Holders in Final Extraction of Value

Eden Network has officially announced its operational shutdown, marking the end of a project born from Archer DAO's 2020 mission to capture miner-extractable value opportunities. The venture, which underwent a community-led rebranding in July 2021, has succumbed to intense competition within the MEV space and mounting operational expenses.

Key Details of the Wind-Down

The project's core services—Eden RPC, Eden Bundles, and Mempool Stream—will cease immediately following the announcement on August 13. The shutdown leaves the network with 2,000 ETH in remaining assets, which will be allocated to EDEN token holders through a fixed conversion mechanism.

Token holders can claim their portion at an exchange rate of 0.00001506 ETH per EDEN token. This redemption window remains open through September 30, 23:59 UTC, though the program is restricted to participants from non-U.S. jurisdictions. Holders maintaining staked positions should prioritize unstaking and redemption to avoid missing the deadline.

What's Next

Any capital remaining after the token distribution will go toward company dissolution procedures. The decision reflects the brutal realities of the MEV extraction market, where only the most well-capitalized and operationally efficient protocols survive the ongoing arms race for value capture mechanisms.

For EDEN holders, the key takeaway is straightforward: act before the September 30 cutoff to claim your ETH allocation.