Pyra has been shut down. The chain reaction triggered by the Drift vulnerability is brutal—withdraw the balance if you can. Everyone, remember to manage your private keys before September 2026.

DeFi yield protocol Pyra announced that it will gradually shut down and cease operations. It stated that the business and users were severely impacted by the Drift vulnerability incident, and it has been unable to find a sustainable operational plan in recent months. Pyra indicated that all user balances are still withdrawable, new registrations have been stopped, and existing Pyra cards have been canceled. The team will launch a web portal for users to withdraw funds, manage open positions, and assist with token distribution once Drift resumes token trading. Users must withdraw and export their private keys by September 15, 2026.