Vertex (VRTX) - Shutdown Sequence - 08 Jul to 14 Aug 2025
Vertex is starting its shutdown sequence from July 8 to August 14, 2025. When a project ends or closes down, it often causes the token price to fall sharply, because users will not expect new developments. Many traders or holders may want to sell their coins quickly, which can create strong selling pressure. Still, sometimes a shutdown can also bring some buying if people hope for a last moment change or news. It is best to be careful trading during this period. More info: source
Vertex@vertex_protocolLug 08, 2025Vertex Edge Shutdown Sequence begins TODAY (July 8th @ 14:00 UTC):
• Phase 1 (July 8-10): Full functionality - close positions, repay borrows, withdraw assets.
• Phase 2 (July 10-14): Reduce-only mode, oracle price freeze.
• Phase 3 (July 14-16): Force settlement.
• Phase 4… pic.twitter.com/USavOLhxAc