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ETH logo
ETH
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USDT logo
USDT
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0.04%
BNB logo
BNB
$1,178.71
0.07%
XRP logo
XRP
$2.4515
2.04%
SOL logo
SOL
$196.39
3.43%
USDC logo
USDC
$1.0001
0.01%
TRX logo
TRX
$0.3231
1.77%
DOGE logo
DOGE
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1.05%
ADA logo
ADA
$0.6790
1.68%
LINK logo
LINK
$18.45
1.25%
HYPE logo
HYPE
$39.15
6.04%
USDE logo
USDE
$1.0001
0.04%
XLM logo
XLM
$0.3306
0.48%
BCH logo
BCH
$525.16
1.19%
SUI logo
SUI
$2.7158
2.98%
AVAX logo
AVAX
$22.17
0.77%
WBT logo
WBT
$42.21
0.25%
LEO logo
LEO
$9.6304
0.12%
HBAR logo
HBAR
$0.1833
1.53%
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DeFi Project Friktion’s Shutdown Said to Stem Partly From Founder Disagreement

The official reason given by Friktion officials for the shutdown was that costs outpaced revenue, creating challenging economics for the Solana-based project.

By Danny Nelson
Updated Jan 30, 2023, 7:35 p.m. Published Jan 30, 2023, 7:15 p.m.
There was friction between the founders at Friktion. (DALL-E)
There was friction between the founders at Friktion. (DALL-E)