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Echo Protocol halts deposits and borrowing, plans shutdown with key November deadlines for users

Protocol Fundamentals
19 Oct 2026
Crypto Briefing
View Source
Bearish
Echo Protocol halts deposits and borrowing, plans shutdown with key November deadlines for users

Echo Protocol, a Bitcoin-focused DeFi service on the Aptos blockchain, announced its shutdown after nearly two years. It has stopped accepting new deposits, borrowing, and interest accrual, but users can still withdraw, repay loans, and unstake. Borrowers must repay by November 14, 2026, or face liquidation, while all users must complete withdrawals and unstaking by November 19, 2026. The shutdown may be linked to a May 2026 exploit, though this is unconfirmed. The Aptos-to-B² bridge for aBTC redemptions will remain operational post-shutdown, providing some continued access for users.

Echo Protocol's shutdown is the subject, with Pluang market data as context for readers. As of Oct 20, 2026 00:31 WIB, among 50 major cryptocurrencies priced on Pluang, 40 rose and 9 fell today. Notable movers include SXP at Rp37 with a 1-day change of -46.27%, CRV at Rp6.697 with a 1-day change of +11.26% and a Pluang order activity of 99% Sell / 1% Buy, and BAL at Rp16.297 with a 1-day change of +11.14%.

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