Alpaca Finance will gradually cease operations

According to BlockBeats, on May 27th, the Alpaca Finance team announced that they will begin gradually phasing out Alpaca Finance and all of its products. If users have any questions about the closing process, please feel free to contact the team at any time. During the closure process, any important updates will be shared through Alpaca Finance's official social channels. Binance had already taken down ALPACA on May 2, 2025.