BTC
ETH
HTX
SOL
BNB
View Market
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt

Hats Finance will cease centralized hosting operations for its front-end and servers on December 31.

2025-12-01 15:16

Odaily Planet Daily reports that decentralized security project Hats Finance announced on the X platform that it will be shutting down its custodial operations. This is because it believes continuing to operate the centralized user interface (UI) and servers is unsustainable, and there are currently no plans to adopt a new legal or operational framework to continue this custodial architecture. The current arrangements are as follows: the user front-end and back-end (UI and servers) hosted by Hats.finance are expected to be taken offline by December 31, 2025, and most of the functionality relying on this custodial architecture will be phased out; the Hats protocol will remain deployed on-chain and managed by the DAO, with core contracts designed to continue running as code.