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Why is Satori Finance shutting down after raising

Published 6/17/2026, 7:36:48 AM

Answer

The premise cannot be verified. Extensive web searches found no evidence that Satori Finance has shut down or is shutting down. The platform appears to be actively operating as of the most recent data.

What the Data Actually Shows

Satori Finance remains operational with:

  • $93.52M in 24-hour perpetual trading volume
  • $134.241B in cumulative perpetual volume
  • $1.27M in Total Value Locked (TVL)
  • Active Season 2 points/rewards program (announced February 18, 2025)
  • 181.8K Twitter followers with regular posts
  • Platform website (satori.finance) operational

Confirmed $10M Raise (May 2022)

DetailValue
Amount$10,000,000
Round TypeSeed
Lead InvestorsPolychain Capital, Blockchange Ventures
Other ParticipantsCoinbase Ventures, Jump Crypto, Portal Ventures, Sandeep Nailwal
Notable AdvisorGavin Wood (Polkadot co-founder)
Platform LaunchMarch 2023

Why the Shutdown Premise May Be Incorrect

  1. No shutdown occurred — The premise may be based on unverified rumors or confusion with a different project
  2. Very recent event — If a shutdown happened in 2026, it may not yet be indexed by search engines
  3. Confusion with other projects — The broader crypto market saw 20+ project shutdowns in H1 2026, but Satori Finance was not among them
  4. Partial shutdown — Some service discontinuation not rising to full platform shutdown

What Remains Open

Without finding any official announcement or credible news source, I cannot establish a timeline for closure or verify the premise is accurate.

If you have a specific source claiming the shutdown (a tweet, article, or announcement), please share it and I will verify the information.