Algorand’s DeFi ecosystem faces another setback as Vestige announces the closure of its platform on December 31, 2026. The decision comes after trading volume failed to generate enough revenue to sustain operations. While the platform is winding down, user wallet assets remain unaffected, and vault deposits will still be accessible through a legacy interface. Vestige also plans to burn the remaining VEST tokens held in its treasury and its available liquidity receipt tokens.