Odos to wind down operations, moving to read-only mode July 27

Odos, the DeFi aggregator that once routed trades across 14 chains and more than 900 liquidity sources, is calling it quits. The protocol’s app will shift to read-only mode on July 27, with a full permanent shutdown following three days later on July 30, 2026. The ODOS token dropped roughly 5.5% within 24 hours of the announcement, trading between $0.00107 and $0.00108. That puts its market cap under $4 million, a sobering number for a project that raised approximately $32 million in funding during 2024 from backers including a16z crypto. What’s still working, and what’s already gone Users can still execute swaps and close out existing positions until the July 30 cutoff. But several features have already been pulled offline. New registrations, wallet creation, and limit orders are all disabled. If you have open positions on Odos, the clock is ticking to wind them down before the lights go out completely. Odos operated as a non-custodial protocol, meaning user assets live on-chain and remain under individual control. The company shutting down doesn’t mean your tokens disappear into the void. They’re still in your wallet, governed by smart contracts that exist independently of the Od...