Svmuu News: The team behind the decentralized exchange aggregator Odos has announced that the company operating the platform is gradually winding down its operations, and all services will cease on July 30, 2026. The Odos app will enter read-only mode on July 27, at which point users will be able to view their balances and transaction history but will not be able to make new transactions.
Odos stated that the platform has never directly held user funds in custody; assets connected via external wallets such as MetaMask, Rabby, or hardware wallets remain under the control of users’ private keys. Users who created wallets within Odos by logging in via Google, Apple, or email must export their private keys or transfer their assets to a self-custodial wallet before July 30.
Odos was spun off from Semiotic Labs, a contributor to The Graph, in 2022 and has routed over $104 billion in trading volume across approximately 15 blockchain networks. Its monthly trading volume peaked at approximately $7.85 billion in December 2024 but had fallen to a low of several hundred million dollars by mid-2026.
The ODOS token will continue to operate independently of this cessation of operations. Odos DAO is separate from the operating company and has stated that it will announce its plans at a later date. The Odos team stated that there will be no new product launches, token migrations, token claims, or airdrops, and cautioned users to be wary of related scams.