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Decentralized exchange ZKX abruptly ceased operations citing economic infeasibility, triggering significant backlash from investors over the lack of communication and transparency.
Sudden Closure Announcement 
The social derivatives trading platform, based on the Starknet layer-2 network, abruptly ceased operations on July 30, triggering backlash from investors and market makers. The closure was announced without prior warning, leaving stakeholders blindsided.
Eduard Jubany Tur, ZKX’s founder, attributed the shutdown to economic infeasibility. In a statement on X.com, Tur expressed regret over the decision, stating, 
“With much regret, we have to announce the discontinuation of the ZKX protocol. Despite our best efforts, we have been unable to find an economically viable path for the protocol.”
Tur’s X.com post also revealed that all markets had been delisted, positions closed, and funds returned to users’ trading accounts. Users were instructed to transfer their

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