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PsyFi will close all services, including PsyLend and Vaults, on May 1.
According to the official news of PsyFi, a provider of financial instruments in the Solana ecosystem, PsyFi (including PsyLend and Vaults) will shut down all front-end and back-end services and stop platform support on May 1, 2025. At present, the platform has entered the withdrawal only mode, and the official reminds users to complete the withdrawal of funds before this date to ensure the safety of assets. In addition, PsyFi said that in the future, it may share contract addresses and IDLs for users who need to interact directly with smart contracts.