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Article Cointelegraph

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

Cointelegraph June 10, 2026 · 11:45 am Read Original
Pessimistic -45.9
−100 Bearish 0 +100 Bullish
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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Article Info
Source Cointelegraph
Published Jun 10, 2026 · 11:45 am
Article ID m1i06p5
Original URL Open source
Sentiment Signal
Pessimistic -45.9
−100Neutral+100
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