PANews reported on May 27 that according to The Block, Alpaca Finance announced that it will gradually terminate all product operations, and plans to stop opening new positions in all liquidity pools in the first week of June 2025, and automatically close all remaining active positions by June 30. The project said that after Binance delisted its ALPACA tokens in April, the token liquidity and fund deployment capabilities were severely restricted, and coupled with the current intensified competition in the DeFi field, the final decision to shut down was made. The team said that the decision was made after a careful internal evaluation to ensure the safe and orderly exit of user assets. Binance has not previously specified the reasons for delisting, but usually makes decisions based on a combination of factors such as project progress, liquidity and team commitment.

Coingecko data shows that the price of ALPACA tokens fell by 26.2% in 24 hours.