Another shutdown in Ethereum L2s: “They lost tens of millions of dollars”

Abstract, which was launched at the beginning of 2025 and even attracted attention in its early stages, announced that it will close its doors as of December 15th.

In the statement, the project put forward 3 reasons for this decision. Stating that slow growth, low liquidity and limited corporate interest caused them to decide to close down, the project announced that users who did not withdraw their assets to other platforms before December 15 would suffer losses.