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AlphaFi Winds Down Sui Lending Platform After Oracle Error

New deposits and loans are disabled, while Slush users are urged to withdraw from four strategies immediately.

Mentioned assets
Four open deposit compartments sit inside an empty lending vault / TokenPost.ai
Four open deposit compartments sit inside an empty lending vault / TokenPost.ai

AlphaFi is winding down its Sui-based lending platform after an oracle error, disabling new deposits and loans and urging users to withdraw from four strategies.

Users of Slush, the platform’s interface, have been told to exit the affected strategies immediately. The move limits further activity as AlphaFi begins winding down operations.

The Sui Foundation is supporting the wind-down.

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