Stablecoin protocol Level announces acquisition and will gradually shut down
On September 26, according to official news, the Level protocol team announced today that it will be acquired by a leading DeFi protocol. Level will gradually shut down all its operations, including the lvlUSD and slvlUSD product lines. The final profit distribution will take place on October 2, 2025, and the front-end interface will remain available until December 15. To facilitate user withdrawals, all cooldown periods have been shortened to 2 seconds.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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