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Crypto DeFi

Mezo Sets Oct. 13 Bridge-Out Deadline for swBTC and USDe

Mezo has set Oct. 13 as the bridge-out deadline for swBTC and USDe, with deposits already suspended for all four tokens. SolvBTC and xSolvBTC withdrawals will close on Oct. 29, the protocol said. The deadlines mark the wind-down of bridging and deposit activity for the four assets on the network.

Original source

AI take

The staggered deadlines matter more than the wind-down itself: swBTC and USDe holders get an earlier exit window than SolvBTC and xSolvBTC users, which suggests an orderly, tranche-by-tranche unwinding rather than a single shutdown. For holders of these wrapped and synthetic assets, the practical question is whether bridge liquidity holds up as the deadlines compress activity into a narrow window. Whether this signals a broader retreat from the network or just a routine asset-level sunset is the open question.

Generated by AI for reference only.

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