Foresight News reports that the decentralized finance platform Synthetix announced it will gradually phase out all of its Layer-2 deployments on the Base network by July 7, 2025, refocusing on the Ethereum mainnet, and will disable Base trading and close the LP treasury. This plan will be implemented in stages.

Synthetix announced it will gradually withdraw its Layer 2 deployment on the Base network and refocus on the Ethereum mainnet. The plan includes halting transactions on the Base network and shutting down liquidity pool (LP) vaults in a phased manner. Synthetix stated that this move is due to infrastructure instability and liquidity fragmentation issues on the Base network.

BlockBeats News, June 14, according to official sources, Synthetix announced that it will gradually phase out its Layer2 deployment on the Base network to refocus on the Ethereum mainnet. It will discontinue Base trading and close its LP vaults. This plan will be executed in phases. Synthetix stated that the decision to gradually phase out its L2 deployment was due to ongoing infrastructure instability and liquidity fragmentation.

Synthetix Gradually Exits Base Network to Refocus on Ethereum Mainnet

BlockBeats news, on June 14, according to official information, Synthetix announced it will gradually withdraw its Layer 2 deployment on the Base network, refocusing on the Ethereum mainnet, and will disable Base trading and close the LP vault. This plan will be implemented in phases.Synthetix stated that the decision to gradually withdraw its L2 deployment stems from ongoing infrastructure instability and liquidity fragmentation.

BlockBeats news, on June 14, according to official information, Synthetix announced that it will gradually phase out its Layer 2 deployment on the Base network, refocus on the Ethereum mainnet, and will disable Base trading and close the LP vaults. This plan will be implemented in stages. Synthetix stated that the decision to gradually discontinue its L2 deployment stems from ongoing infrastructure instability and liquidity fragmentation.

Synthetix will gradually phase out deployment on the Base network and refocus on the Ethereum mainnet.

Wu Shuo has learned that the decentralized finance platform Synthetix has announced a full migration to the Ethereum mainnet, with deployments on Arbitrum and Base scheduled to be completely shut down by July 7: The Base LP vault stopped accepting new deposits on June 12, and from June 30, leveraged tokens and Perps contracts will enter redemption/closure mode, with unclaimed funds upon expiration automatically refunded; its Arbitrum deployment has already been deactivated, and users are required to liquidate and withdraw collateral assets within six months.

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Wu Shuo has learned that the decentralized finance platform Synthetix announced a full migration to the Ethereum mainnet, with deployments on Arbitrum and Base to be completely shut down before July 7: the Base LP vault stopped accepting new deposits on June 12, and from June 30, leveraged tokens and Perps contracts will enter redemption/closing mode, with unwithdrawn funds automatically returned upon expiration; its Arbitrum deployment has already been deactivated, requiring users to liquidate and withdraw collateral assets within six months.

Synthetix Announces Shutdown of Arbitrum and Base Services, Fully Migrates to Ethereum Mainnet

ChainCatcher reports that the decentralized finance platform Synthetix announced it will gradually phase out all its Layer-2 deployments on the Base network by July 7, 2025, refocusing on the Ethereum mainnet, and will disable Base trading and close the LP treasury. This plan will be implemented in stages. Synthetix stated that the decision to gradually withdraw its L2 deployments stems from ongoing infrastructure instability and liquidity fragmentation.

Synthetix plans to shut down its Base network Layer 2 deployment and refocus on the Ethereum mainnet.

MetaEra news, June 14 (UTC+8) – On June 14, decentralized finance platform Synthetix announced that it will gradually phase out all its Layer-2 deployments on the Base network by July 7, 2025. The platform will refocus on the Ethereum mainnet, cease Base trading, and shut down the LP vaults. This plan will be implemented in stages. Synthetix stated that the decision to phase out its L2 deployments stems from ongoing infrastructure instability and liquidity fragmentation. (Source: TechFlow)

According to Deep Tide TechFlow, on June 14, the decentralized finance platform Synthetix announced that it will gradually phase out all its Layer-2 deployments on the Base network by July 7, 2025, refocusing on the Ethereum mainnet and disabling Base trading as well as closing the LP vaults. This plan will be implemented in stages.Synthetix stated that the decision to gradually withdraw its L2 deployments stems from ongoing infrastructure instability and liquidity fragmentation.

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TechFlow reports that on June 14, the decentralized finance platform Synthetix announced that it will gradually phase out all its Layer-2 deployments on the Base network by July 7, 2025, refocusing on the Ethereum mainnet, and will disable Base trading and shut down the LP vaults. This plan will be implemented in stages.
Synthetix stated that the decision to gradually cancel its L2 deployments stems from ongoing infrastructure instability and liquidity fragmentation.
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Synthetix Plans to Shut Down Base Network L2 Deployment and Refocus on Ethereum Mainnet

Foresight News reports that decentralized finance platform Synthetix announced it will gradually phase out all its Layer-2 deployments on the Base network starting July 7, 2025, refocusing on the Ethereum mainnet, and will disable Base trading and close the LP vaults. This plan will be implemented in phases.

Synthetix Plans to Shut Down Its Base Network L2 Deployment and Refocus on the Ethereum Mainnet

BlockBeats news, on June 14, according to official announcements, Synthetix declared that it will gradually phase out its Layer 2 deployment on the Base network, refocus on the Ethereum mainnet, and deactivate Base trading and close the LP vault. This plan will be implemented in stages.Synthetix stated that the decision to gradually withdraw its L2 deployment stems from ongoing infrastructure instability and liquidity fragmentation.

BlockBeats news, on June 14, according to official announcements, Synthetix declared it will gradually phase out its Layer 2 deployment on the Base network, refocusing on the Ethereum mainnet, and will disable Base trading and close the LP vaults. This plan will be implemented step-by-step. Synthetix stated that the decision to gradually cancel its L2 deployment stems from ongoing infrastructure instability and liquidity fragmentation.

Synthetix will gradually cease deployment on the Base network and refocus on the Ethereum mainnet.

Foresight News 报道称，去中心化金融平台 Synthetix 宣布将于2025年7月7日前逐步淘汰其在 Base 网络上的所有 Layer-2 部署，转而重新专注于 Ethereum 主网，并将关闭 Base 交易及流动性提供者（LP）资金库。该计划将分阶段实施。

Synthetix 计划关闭其 Base Network 的 L2 部署，重新聚焦于 Ethereum 主网

Foresight News 報道稱，去中心化金融平臺 Synthetix 宣佈將於2025年7月7日前逐步淘汰其在 Base 網絡上的所有 Layer-2 部署，轉而重新專注於 Ethereum 主網，並將關閉 Base 交易及流動性提供者（LP）資金庫。該計劃將分階段實施。