DeFi Platform Friktion Announces Closure of User Interface

Defi News Friktion is encouraging consumers to remove their money from the protocol. Nonetheless, the underlying protocol will continue to be available on-chain. According to a statement released on J...

Solana DeFi project Friktion shuts down its user platform

Solana decentralized finance (DeFi) platform Friktion is shutting down its user interface and urging customers to withdraw their assets from the protocol, according to a statement on Jan. 26.  The pro...

Solana DeFi protocol Friktion sunsets front end app

Solana-based DeFi portfolio management protocol Friktion has sunset its front end app, and asked users to withdraw their funds. Friktion was among several DeFi protocols offering structured products i...

Friktion, a DeFi Platform on Solana Shuts Down Permanently

Friktion, the DeFi project on Solana, has announced it will wind up operations. The platform has closed down deposits and advised users to withdraw their funds. The crypto market witnessed projects su...

Solana-based DeFi project Friktion shuts down its front end

Solana DeFi yield platform Friktion is shutting down its front end website, with customers urged to withdraw their assets, the company stated on Friday. This means the front end website will no longer...

Friktion offers under-collateralized crypto lending for institutional clients

Friktion, a Solana-based portfolio management platform, debuted a crypto lending product for institutional clients who are in the market for access to higher yields in the DeFi space. The compan...

Fireblocks and Friktion Launching Institutional DeFi Partnership

Friktion Labs recently announced a DeFi-based partnership with Fireblocks. The collaboration will see institutions connect to Friktion directly from the Fireblocks platform. As Solana’s renowned portf...

The Best Possible Integration of Friktion, Orca, and Lido

Ultimate integrates with Friktion Finance, a leading automated option protocol on the SOL blockchain ecosystem. This integration will allow Ultimate users to benefit from automated covered call sellin...