DeFi Networks blockchains Akala and Karura are planning a permanent shutdown on February 10, 2027.
Akala announced plans to permanently shut down both the Polkadot-based network and its sister network Karura in Kusama on February 10, 2027, pending the approval of Akala Referendum 195 and Karura Referendum 137. Users are urged to withdraw external assets, including DOT, KSM, USDT and USDC, before the shutdown. Original ACA and KAR tokens cannot be withdrawn. The team cited insufficient and fragmented DeFi liquidity across the Polkadot and Kusama ecosystems as the main reason for the dissolution. Akala and Karura were the first Parachain auction winners for Polkadot and Kusama, respectively.