{"id":94353,"date":"2026-02-17T11:33:19","date_gmt":"2026-02-17T08:33:19","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=94353"},"modified":"2026-02-17T11:35:34","modified_gmt":"2026-02-17T08:35:34","slug":"zerolend-defi-protocol-announces-closure","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/zerolend-defi-protocol-announces-closure\/","title":{"rendered":"ZeroLend DeFi Protocol Announces Closure"},"content":{"rendered":"<p>The decentralized lending protocol ZeroLend has announced a complete cessation of its operations. The project&#8217;s founder, known by the pseudonym Ryker, attributed the decision to low liquidity in the supported networks and a lack of profitability.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"zxx\" dir=\"ltr\"><a href=\"https:\/\/t.co\/osiCjk68xj\">pic.twitter.com\/osiCjk68xj<\/a><\/p>\n<p>\u2014 ZeroLend (@zerolendxyz) <a href=\"https:\/\/twitter.com\/zerolendxyz\/status\/2023402141545791866?ref_src=twsrc%5Etfw\">February 16, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to the developer, some of the supported blockchains have become inactive, and oracles have stopped supplying data to them. This has made reliable market management impossible. The situation was exacerbated by constant attacks from hackers, scammers, and the low margins of the business.<\/p>\n<p>The team strongly recommended that clients withdraw their assets. Some user funds are locked in illiquid networks. To return them, the developers will update smart contracts and redistribute the frozen coins.<\/p>\n<p>Ryker also announced partial compensation for liquidity providers affected by an exploit on the <a href=\"https:\/\/forklog.com\/en\/news\/what-is-base-coinbases-l2\">Base<\/a> network in February of last year. The payments will be funded from the team&#8217;s personal <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-cryptocurrency-airdrop\">airdrop<\/a> allocation.<\/p>\n<p>The total value locked in the protocol plummeted from a peak of $359 million in November 2024 to $6.59 million at the time of writing.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"289\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-c914985d79690df9-6532836625522514-1024x289.png\" alt=\"\u0421\u043d\u0438\u043c\u043e\u043a \u044d\u043a\u0440\u0430\u043d\u0430 2026-02-17 102042\" class=\"wp-image-275286\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-c914985d79690df9-6532836625522514-1024x289.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-c914985d79690df9-6532836625522514-300x85.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-c914985d79690df9-6532836625522514-768x217.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-c914985d79690df9-6532836625522514-1536x434.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-c914985d79690df9-6532836625522514.png 1618w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/defillama.com\/protocol\/zerolend?groupBy=cumulative\">DeFiLlama<\/a>.<\/figcaption><\/figure>\n<p>Following the closure announcement, the price of the native token ZERO fell by 33.5%.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"658\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-780fd3d8f05aa459-6532856422515443-1024x658.png\" alt=\"ZEROLENDUSDT_2026-02-17_10-23-36\" class=\"wp-image-275287\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-780fd3d8f05aa459-6532856422515443-1024x658.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-780fd3d8f05aa459-6532856422515443-300x193.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-780fd3d8f05aa459-6532856422515443-768x493.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-780fd3d8f05aa459-6532856422515443.png 1429w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Daily chart of ZERO\/USDT on Poloniex. Source: <a href=\"https:\/\/www.tradingview.com\/chart\/?symbol=POLONIEX%3AZEROLENDUSDT\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Back in August 2025, the <a href=\"https:\/\/forklog.com\/en\/news\/what-is-mev-in-ethereum\">MEV<\/a> protocol Eden Network <a href=\"https:\/\/forklog.com\/en\/news\/eden-network-to-cease-operations-and-distribute-2000-eth-among-eden-holders\">announced<\/a> its closure. The decision was due to fierce competition in the sector and high operating costs.<\/p>\n<p>In November, the analytics service DappRadar <a href=\"https:\/\/forklog.com\/en\/news\/dappradar-to-cease-operations-amid-market-instability\">decided<\/a> to cease operations, citing the &#8220;financial instability&#8221; of the market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ZeroLend announced a complete cessation of operations. The founder, known as Ryker, cited low liquidity in supported networks.<\/p>\n","protected":false},"author":1,"featured_media":94354,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"ZeroLend ceases operations due to low liquidity and lack of profitability.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1093,1276,1001],"class_list":["post-94353","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-defi","tag-layoffs","tag-liquidity"],"aioseo_notices":[],"amp_enabled":true,"views":"157","promo_type":"1","layout_type":"1","short_excerpt":"ZeroLend ceases operations due to low liquidity and lack of profitability.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=94353"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94353\/revisions"}],"predecessor-version":[{"id":94355,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94353\/revisions\/94355"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/94354"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=94353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=94353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=94353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}