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)
| Detail | Value |
|---|---|
| Amount | $10,000,000 |
| Round Type | Seed |
| Lead Investors | Polychain Capital, Blockchange Ventures |
| Other Participants | Coinbase Ventures, Jump Crypto, Portal Ventures, Sandeep Nailwal |
| Notable Advisor | Gavin Wood (Polkadot co-founder) |
| Platform Launch | March 2023 |
Why the Shutdown Premise May Be Incorrect
- No shutdown occurred — The premise may be based on unverified rumors or confusion with a different project
- Very recent event — If a shutdown happened in 2026, it may not yet be indexed by search engines
- Confusion with other projects — The broader crypto market saw 20+ project shutdowns in H1 2026, but Satori Finance was not among them
- 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.