Alpaca, one of the most innovative protocols of BNB Chain, has decided to close the curtains on its operations. On Monday, in a seemingly tragic and regrettable post, Alpaca Finance announced “sunsetting” the protocol and all its products. With no VC funding, the project went on to become the top BNB Chain protocol with the Total Value Locked (TVL) exceeding $900 million at its peak in early 2022. However, by May 2025, the TVL had declined sharply to stand at meagre $54.6 million. This is massive a drop of over 94%. This article examines the reasons that led this once a star of DeFi to ruins. Alpaca Finance Ceases Operations Why Alpaca Finance Shut Down This announcement of winding up by its operations by Alpaca Finance was somewhat predictable since April 25. On April 25, the leading crypto Exchange Binance decided to delist the DeFi Protocol’s token $ALPACA. This came… Read More at Coingape.com

The post Alpaca Finance Shuts Down – But What Caused its Downfall appeared first on CoinGape.

Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0

PRC Comment Policy

Your comments MUST BE constructive with vivid and clear suggestion relating to the post.

Your comments MUST NOT be less than 5 words.

Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.

Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.

Constructive REPLY to comments is allowed