Solana DeFi aggregator Step Finance was hacked for $27 million in January, but said it was “unable to secure a viable outcome.”
Three Solana-based platforms have announced they are shutting down after a Step Finance hack at the end of January that has been deemed unrecoverable.
Solana portfolio dashboard and DeFi aggregator Step Finance announced on Monday that it would be winding down operations. The closure also extends to subsidiaries Solana NFT analytics and ecosystem media outlet SolanaFloor, and lending and yield protocol Remora Markets.
“Following the hack at the end of January, we explored every possible path forward, including financing and acquisition opportunities,” it stated, referring to a $27 million security breach of its treasury wallets in January.
