Decentralization trading protocol Bunni announced its official shutdown due to security vulnerabilities and insufficient funds.

According to Mars Finance, on October 23, the decentralized trading protocol Bunni stated that it recently encountered vulnerabilities that led to a stagnation in growth. Restarting requires payment of approximately six to seven digits in audit and monitoring costs, and the development and business cycle is too long, so the team has decided to shut down. Users can still withdraw assets through the official website; subsequently, it is planned to distribute the remaining treasury assets based on a snapshot to holders (BUNNI, LIT, veBUNNI), with team members not participating, and specific details will be announced after legal processes are completed. The Bunni v2 contract has changed from BUSL to MIT open source license, and the team continues to assist law enforcement in recovering stolen funds.