PsyFi will shut down all services on May 1st. Users need to withdraw funds before then.

Odaily News Solana ecosystem financial instrument product provider PsyFi (including PsyLend and Vaults) will shut down all front-end and back-end services and stop support on May 1, 2025. The platform is already in withdrawal-only mode, and users need to withdraw all funds before this date to ensure the recoverability of assets. For those who want to interact directly with smart contracts, the official may share the contract address and IDL later.