Alpaca Finance Shuts Down
This is a Alpaca news story, published by CoinGape, that relates primarily to VC news.
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Business & Economics
Alpaca Finance Shuts Down - But What Caused its Downfall

64% Informative
Alpaca , one of the most innovative protocols of BNB Chain , has decided to close the curtains on its operations.
With no VC funding, the project went on to become the top BNB chain protocol with the Total Value Locked ( TVL ) exceeding $900 million at its peak in early 2022 .
By May 2025 , the TVL had declined sharply to stand at meagre $54.6 million .
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