PANews reported on February 27 that ZKsync announced it will fully shut down ZKsync Lite (formerly ZKsync 1.0) on May 4, 2026. At that time, the network will stop producing blocks and permanently freeze the final state to ensure that its balances are not altered after shutdown. ZKsync Lite was launched in June 2020, primarily supporting token transfers and NFT minting, but it does not have smart contract functionality. As the zkEVM-enabled ZKsync Era and ZK Stack ecosystem mature, the project has decided to focus resources on developing subsequent systems.
The official recommendation is for users to withdraw their assets before May 4. After shutdown, at least one year of read-only API access will be provided for data retrieval, and unwithdrawn funds can still be claimed at that time. Currently, ZKsync Lite has approximately $33.9 million in locked assets (TVL), including $24.9 million in stablecoins and about $8.4 million in ETH.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Nunchuk Launches Open-Source Bitcoin Tools for AI Agents With 'Bounded Authority'
In brief
Nunchuk released two open-source tools designed to let AI agents interact with Bitcoin wallets under strict limits.
The system uses shared wallets and approval policies so agents cannot spend funds beyond defined rules.
The tools aim to support automated financial tasks while
Decrypt3h ago
Circle releases its internet finance system vision: focusing on cross-chain interoperability, liquidity orchestration, and institutional-grade asset issuance
Circle released its 2026 Internet Finance Development Vision on April 10, aiming to build cross-chain interoperability infrastructure to improve capital liquidity and asset issuance capabilities. In the future, it will roll out sub-second settlement functionality and expand to more assets, while simplifying multi-chain operation processes to enhance the user experience.
GateNews4h ago
SBI Ripple Asia Rolls Out XRPL-Based Token Issuance
SBI Ripple Asia launched an XRP Ledger platform enabling regulated prepaid tokens under Japan’s legal framework.
APIs integrate blockchain with existing apps, allowing seamless token use without redesigning user interfaces.
Platform targets real-world payments, offering fast, low-cost
CryptoFrontNews5h ago
BASIS Successfully Completes Private Testing: Base58 Labs Makes Full Preparations for a Full Push into the Staking Market
BASIS announced that its private testing phase has been successfully completed, demonstrating execution latency of under 50 microseconds and 100% operational reliability. The platform uses a controlled rollout strategy, focusing on performance validation, and will set a new benchmark for institutional participants. In the future, it will continue to maintain a “highly filtered” mode to ensure outstanding system performance.
ChainNewsAbmedia6h ago
Aethir prevents cross-chain bridge exploit attacks, losses controlled at $90k, and commits to compensate
Decentralized GPU cloud computing platform Aethir confirmed that its Ethereum bridge contract was attacked, with losses kept within $90k. The team promptly disconnected the contract and worked with exchanges to deal with the hacker wallets. The attacker used a cross-chain smart contract to move funds. Aethir plans to announce a compensation plan next week, and revenue is expected to reach $127.8 million in 2025.
GateNews8h ago
