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Botanix to shut down after 4 years, cites weak demand for Bitcoin DeFi

Cointelegraph· Cointelegraph by Christina Comben· Jun 10, 2026 · 11:45 AM
Botanix to shut down after 4 years, cites weak demand for Bitcoin DeFi

The Spiderchain developer told users to withdraw assets by July 9 after concluding demand for Bitcoin-native DeFi was not sufficient to support the network.

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