Alpaca Finance, once a $1B BNB Chain project, is shutting down after years of declining revenue and product stagnation.

The Alpaca Finance shutdown follows the ALPACA token delisting from Binance, which hurt both accessibility and treasury management.

The team cited failed acquisition talks, market saturation, and shifting liquidity models as reasons for the Alpaca Finance wind down.

Alpaca’s closure highlights the ongoing DeFi protocol shutdown trend as newer, more efficient protocols dominate user attention.

Users must exit positions by June and July, with the front-end staying live until December to complete fund withdrawals.

Read: https://cryptoindiamagazine.com/alpaca-finance-shutdown/