Liquidity protocol DeFi Edge halts deposits, affecting crypto investors

The liquidity management app’s team had previously stated that some strategies would be “delisted,” but the new deposit block affects all strategies.

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Liquidity management protocol DeFi Edge has blocked all deposits to its strategy contracts made from its user interface on Oct. 14, leaving users scrambling to find an alternative.

On Sept. 30, the protocol’s team posted to X announcing that some strategies would be “delisted.” However, the new deposit block appears to affect all strategies and not just the ones that were mentioned in the post.

Withdrawals from DeFi Edge are still functioning as of the time of publication.

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