Abstract Will Shut Down Ethereum Layer 2 Network on Dec. 15, 2026
Users can move assets through Abstract’s migration center or native bridge; funds left on the network will become inaccessible after it stops operating.
Abstract plans to wind down its Ethereum Layer 2 network, with operations ending Dec. 15, 2026. Funds that remain on the network after that date will become inaccessible.
Users can transfer assets through Abstract’s migration center or its native bridge. Transfers through the bridge take about three hours.
Abstract cited limited DeFi activity, weak on-chain liquidity and stalled growth as factors behind the decision. It also warned users to avoid imitation migration websites.
Launched by the team behind Pudgy Penguins, the network had attracted more than 400,000 users and hosted more than 144 applications.
Users must move their assets before the network stops operating on Dec. 15, 2026.
Simon Yoon
ReporterSimon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.