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The Level team announced that it has been acquired by a leading DeFi protocol and the Level protocol will be shut down. - CoinFeed
Time 02:31

The Level team announced that it has been acquired by a leading DeFi protocol and the Level protocol will be shut down.

September 26, 2025
CoinFeed News

The final profit distribution will be on October 2, 2025, and the front-end will be offline on December 15. Users will still be able to access assets through smart contracts. The lvlUSD redemption ratio is fixed at 1:1, and the minting function has been suspended.

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