---
title: "Dango Trading Platform to Shut Down on July 29, With L1 Network Ending August 13"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293809626.md"
description: "Dango Trading Platform will cease operations on July 29, citing lack of commercial viability. Users are urged to withdraw funds immediately due to liquidity risks. Remaining positions will be closed at oracle prices, and funds returned in USDC. The Dango L1 blockchain will shut down on August 13, with unwithdrawn deposits refunded to original Ethereum addresses."
datetime: "2026-07-25T02:23:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293809626.md)
  - [en](https://longbridge.com/en/news/293809626.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293809626.md)
generator: "portal-rs"
---

# Dango Trading Platform to Shut Down on July 29, With L1 Network Ending August 13

Dango's team said the one-stop trading platform will shut down because it no longer sees a viable path to sustained commercial success. According to ChainCatcher, withdrawal restrictions will be lifted in the near term, and users are being advised to close positions and remove funds as soon as possible amid expected thin liquidity and slippage risk. Dango will stop trading at 8:00 PM Beijing time on July 29, 12:00 UTC. Remaining positions will be closed at oracle prices, DLP treasury deposits will be unlocked, and all funds will be returned to users' spot accounts in USDC. The Dango L1 blockchain will stop operating at 8:00 PM Beijing time on August 13, 12:00 UTC. Any deposits that have not been withdrawn by then will be returned to the original Ethereum deposit addresses.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**