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Everclear Shuts Down Protocol as CLEAR Token Falls 48%

2026-05-23 17:28:33

Abstract generation in progress

Everclear said it has sunsetted its protocol and related entities, and CLEAR fell more than 48% to $0.0002332 on Thursday. The team said no funds are believed to be stuck because users and partners withdrew the remaining TVL. Everclear said remaining funds will go first to outstanding liabilities, and any token buyback is uncertain and may total $50,000–$200,000 if executed.

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