PsyFi will shut down all services on May 1, and users need to withdraw their funds before then

ChainCatcher news, according to official news from PsyFi, a financial tool provider in the Solana ecosystem, PsyFi (including PsyLend and Vaults) will shut down all front-end and back-end services and stop platform support on May 1, 2025. The platform has currently entered a mode that only supports withdrawals, and the official reminds users to complete fund withdrawals before this date to ensure asset safety.

In addition, PsyFi stated that it may share contract addresses and IDL in the future for users who need to interact directly with the smart contracts.