Vertex Shutdown: Phase 4 Begins in 24 Hours. As part of the Vertex Shutdown Sequence, Phase 4 will begin on Wednesday, July 16 at 2PM UTC. Key changes during this stage:  • All outstanding borrow positions will be force-closed via collateral swap (5% fee applies).  • Funds will be automatically sent to connected wallet addresses.  • Trading pages on the web app will be deprecated. Users are strongly encouraged to withdraw any remaining funds prior to the start of Phase 4 to make the process as smooth as possible. Trade history will remain accessible for the next four weeks for users to retrieve records. Please note: Withdrawals will no longer be possible once Phase 4 begins. Any remaining balances will be settled and distributed automatically. For full details on the shutdown sequence and timeline, please refer to the official blog post.
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