Multi-chain Lending Protocol ZeroLend Announces Gradual Shutdown, Advises Users to Withdraw Funds Promptly

By: theblockbeats.news|2026/02/17 00:01:05

0

Share

copy

BlockBeats News, February 16th, the cross-chain lending protocol ZeroLend officially announced:

After three years of building and operating the protocol, the team has made a difficult decision: to gradually cease operations. Despite the team's continuous efforts, the current state of the protocol is no longer sustainable.

Over the past period, several chains early supported by ZeroLend have become inactive or experienced a significant decrease in liquidity. In some cases, oracle providers have also stopped their support, making it increasingly difficult to reliably operate the markets or generate sustainable income. Meanwhile, as the protocol has scaled, it has attracted more attention from malicious actors, including hackers and scammers. Combined with the protocol's thin profit margin and high-risk nature, this has resulted in the protocol being in a long-term loss-making state.

The team's current top priority is to ensure that users can safely withdraw their assets. It is highly recommended that all users withdraw any remaining funds from the platform as soon as possible.

-- Price

You may also like

Cursor "Shell" Kimi Controversy Reversed: From Copyright Infringement Allegations to Authorized Collaboration, China's Open Source Model Once Again Becomes a Global AI Foundation

Cursor "Shell" Kimi Controversy Reversed: From Copyright Infringement Allegations to Authorized Collaboration, China's Open Source Model Once Again Becomes a Global AI Foundation

Cursor was accused of being based on Kimi K2.5, which sparked controversy, and was later confirmed to be compliant through Fireworks AI due diligence.

The Real Reason Tokens Don't Sell: 90% of Crypto Projects Overlook Investor Relations

The Real Reason Tokens Don't Sell: 90% of Crypto Projects Overlook Investor Relations

Provide an Investor Relations Best Practices Guide for Crypto Projects.

Is the income of pump.fun real, earning a million dollars a day despite the market downturn?

Is the income of pump.fun real, earning a million dollars a day despite the market downturn?

If it can really earn this much, what is the reason for the low price of $PUMP?

The real reason why tokens are not selling: 90% of crypto projects neglect investor relations

The real reason why tokens are not selling: 90% of crypto projects neglect investor relations

Investor Relations Practice Guide for Cryptocurrency Projects.

Who is the true winner of the "Tokenization" narrative?

Who is the true winner of the "Tokenization" narrative?

Virtually everyone benefits, but the reason for the benefit, the timing, and the underlying logic are completely different.

Moss: The Era of AI-Traded by Anyone | Project Introduction

Moss: The Era of AI-Traded by Anyone | Project Introduction

AI Trading Agent is rapidly growing its infrastructure.

Chip Smuggling Case Exposes Regulatory Loophole | Rewire News Evening Update

Chip Smuggling Case Exposes Regulatory Loophole | Rewire News Evening Update

AI chips have become a strategic asset more sensitive than missiles

How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon

How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon

Ritmex demonstrates how disciplined risk control and structured signals can make an AI crypto trading bot more stable and reliable on WEEX, highlighting the importance of combining execution discipline with scalable AI trading systems.

Old Indicator Fails, Three Major New Signals Emerge: BTC True Bottom May Still Be Below $60K

Old Indicator Fails, Three Major New Signals Emerge: BTC True Bottom May Still Be Below $60K

When the grocery shopping auntie on the subway, or Tony the hairdresser, start asking you about BTC, crypto, and cryptocurrency investments, selling immediately will be the only best option.

Meeting OpenClaw Founder at a Hackathon: What Else Can Lobsters Do?

Meeting OpenClaw Founder at a Hackathon: What Else Can Lobsters Do?

Imperial College London MetaGame: AI Agent × Web3 Landing Three Major Directions.

Huang Renxun's Latest Podcast Transcript: NVIDIA's Future, Embodied Intelligence and Agent Development, Soaring Demand for Inferencing, and AI's PR Crisis

Huang Renxun's Latest Podcast Transcript: NVIDIA's Future, Embodied Intelligence and Agent Development, Soaring Demand for Inferencing, and AI's PR Crisis

The future of competition is not only about whose model is bigger, whose computing power is stronger, but also about who understands the industry better, who can more deeply integrate AI into real processes, and who can organize these capabilities into a set of executable, scalable systems

How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon

How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon

Crypto_Trade shows how structured inputs and controlled adaptability can build a more stable and reliable AI crypto trading bot within the WEEX AI Trading Hackathon, highlighting a practical path toward scalable AI trading systems.

AI Starts to Devour the Manufacturing Industry | Rewire News Morning Edition

AI Starts to Devour the Manufacturing Industry | Rewire News Morning Edition

When Bezos starts using AI to buy factories instead of building data centers, it shows that he believes the next wave of AI's value is not inside the box.

When Scaling Meets Speed, Ethereum Foundation Introduces "Hardness" to Safeguard the Base Layer

When Scaling Meets Speed, Ethereum Foundation Introduces "Hardness" to Safeguard the Base Layer

Hardness is a protocol-level commitment to Ethereum core properties, including censorship resistance, privacy, security, and permissionlessness.

Google, Circle, Stripe Flock Together to Let AI Spend Money: Payment Giants' Joys and Worries in 2026 Q1

Google, Circle, Stripe Flock Together to Let AI Spend Money: Payment Giants' Joys and Worries in 2026 Q1

The real enemy is no longer each other, but zero cost itself

$100 Billion Factory Purchase: Bezos and Middle Eastern Capital Shift AI Money from Cloud to Shop Floor

$100 Billion Factory Purchase: Bezos and Middle Eastern Capital Shift AI Money from Cloud to Shop Floor

Bezos doesn't invest in a new model; he invests in a supply chain.

Xiaomi and MiniMax both unleash their ultimate moves, signaling the start of the Agent Pricing War.

Xiaomi and MiniMax both unleash their ultimate moves, signaling the start of the Agent Pricing War.

No brand, no marketing, let developers vote with their feet in 8 days

Predicting markets has taken the spotlight, but the Perp DEX has been quietly waging war on traditional exchanges.

Predicting markets has taken the spotlight, but the Perp DEX has been quietly waging war on traditional exchanges.

During a weekend of relentless volatility, while traditional financial markets were closed, another wave of investors was busy trading gold, oil, and silver on a blockchain platform.

Cursor "Shell" Kimi Controversy Reversed: From Copyright Infringement Allegations to Authorized Collaboration, China's Open Source Model Once Again Becomes a Global AI Foundation

Cursor was accused of being based on Kimi K2.5, which sparked controversy, and was later confirmed to be compliant through Fireworks AI due diligence.

The Real Reason Tokens Don't Sell: 90% of Crypto Projects Overlook Investor Relations

Provide an Investor Relations Best Practices Guide for Crypto Projects.

Is the income of pump.fun real, earning a million dollars a day despite the market downturn?

If it can really earn this much, what is the reason for the low price of $PUMP?

The real reason why tokens are not selling: 90% of crypto projects neglect investor relations

Investor Relations Practice Guide for Cryptocurrency Projects.

Who is the true winner of the "Tokenization" narrative?

Virtually everyone benefits, but the reason for the benefit, the timing, and the underlying logic are completely different.

Moss: The Era of AI-Traded by Anyone | Project Introduction

AI Trading Agent is rapidly growing its infrastructure.

Popular coins

Latest Crypto News

15:42

Polymarket will announce major news next Monday, and the community speculates it may involve financing or issuing tokens

Polymarket official team member Mustafa posted on platform X that a major announcement will be made next Monday. Due to the tweet containing a coin symbol, the community speculates it may be significant news related to financing or a token launch.

15:42

Data: 270.83 BTC transferred from Bitstamp, worth approximately 19.13 million USD

According to Arkham data, at 12:52, 270.83 BTC (worth approximately 19.13 million USD) was transferred from Bitstamp to multiple addresses, including Bybit.

15:42

The ongoing war between the US and Iran continues to suppress risk appetite, with Bitcoin dropping nearly 5% over the week

Multiple analysts have compared this round of movement to the Bitcoin market during the Russia-Ukraine war in 2022. At that time, Bitcoin experienced a 24% rebound after a decline at the beginning of the war, but subsequently fell another 64% by November of that year.Crypto analyst Finish believes t...

15:42

Ethereum OG "thomasg.eth" increased his holdings by 1,401 ETH, spending nearly 20 million dollars to buy ETH this week

According to market news, Ethereum OG "thomasg.eth" spent approximately $3 million to increase his holdings by about 1,401 ETH around 15 hours ago, bringing his total purchases of ETH this week to approximately $19.5 million. It is reported that thomasg.eth once held ETH, WBTC, and DAI worth up to $...

15:42

Musk rarely loses a lawsuit, being ruled responsible for "misleading investors" during the acquisition of Twitter

A federal jury in San Francisco ruled local time that American entrepreneur Elon Musk intentionally lowered the stock price of Twitter (now renamed X) during his acquisition in 2022, "misleading investors," and is responsible for this. However, the jury dismissed the fraud charges against Musk for "...