Cross-chain protocol Router Protocol announced that it will fully terminate its services on September 30, concluding approximately four years of operations. The project cited factors such as the contraction of Web3 liquidity, the shift of funds to the AI sector, the decline in cross-chain infrastructure fees, and high operating costs as reasons for the termination. Accordingly, the foundation plans to permanently burn 303,333,198 ROUTE it holds and will cooperate with centralized exchanges to delist ROUTE trading pairs. Users must withdraw their assets according to each exchange's schedule.
