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DeFi Derivatives Protocol Polynomial to Shut Down Chain and Trading Platform, Cancels 2026 Token Launch

DeFi derivatives platform Polynomial will discontinue Polynomial Chain and Polynomial Trade after halting operations on Feb. 14, entering a structured wind-down phase, PANews reports. The protocol has set Feb. 18 for forced liquidations, will shut its liquidity layer on Feb. 24, and plans to stop all chain operations on March 3. Polynomial has also scrapped its previously scheduled token generation event for the first quarter of 2026, saying it does not want to issue tokens for a product that is shutting down. The team said it will retain participant data and grant early supporters priority access to future offerings from a new entity.
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