Aptos-Based DEX Tapp Exchange to Shut Down, Urges Users to Withdraw by May 31

Source

Uk Jin

Summary

Aptos-based decentralized exchange Tapp Exchange announced it will cease operations and shut down its service.
Tapp Exchange said it has recorded about $1.95 billion in cumulative trading volume in the Aptos DeFi ecosystem.
Tapp Exchange said all users' assets are safe and urged them to withdraw everything before May 31 if possible.

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Tapp Exchange, a decentralized exchange built on Aptos, announced it will cease operations and shut down its service.

In a post on its official channels on May 1, Tapp Exchange said it had decided to wind down the protocol in phases. The protocol will continue operating normally through May 31, after which the service will go offline.

Since launching in June 2025, Tapp Exchange has drawn attention as the first V4-style DEX in the Aptos ecosystem. It has been part of Aptos' DeFi ecosystem, recording about $1.95 billion in cumulative trading volume through a new voting mechanism, reward distribution system and governance tools.

Tapp Exchange said all user assets are safe and can be withdrawn immediately. It urged users to withdraw all assets before May 31, if possible, to avoid technical difficulties. The exchange also thanked liquidity providers and governance participants for their support.

APT