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Dango to Halt Perp DEX and Shut Network on Aug. 13

2026-07-25 10:16:10

Abstract generation in progress

Dango will halt trading on its perpetual DEX on Wednesday and shut down its network on Aug. 13, nearly four months after the DEX launched. Dango said there is no viable path to lasting commercial success. Dango founder Larry Liu cited cash shortages, legal challenges, team losses, and broader market conditions.

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