OptiFi Shuts Down After Accidentally Sending “Shutdown” Order on Mainnet Locking 660,000 USDC Coins

OptiFi’s popular DeFI platform revamped an unforgivable crash after a program crash due to the “Close Solana” command, which caused OptiFi’s platform to halt indefinitely.

The popular DEX platform, OptiFi, has mistakenly executed a command that inadvertently shuts down its mainet, resulting in no system recovery at present.

OptiFi notified users that the platform ended untimely after the development team attempted to update the code Monday, according to a DEX report. The incident also caused the program to lock more than 660,000 USD Coin (USDC) on the chain.


OptiFi promises to compensate users for any money lost as a result of this error. While there are still a lot of USDC locked in. The company also urged other developers working on the Solana blockchain to be wary of sending “Solana program close” orders.

In the medium post, the platform hassheepA series of events leading to the sudden shutdown of the main network Start with an attempt to deploy Solana program code updates.

Deployment took longer than usual due to what the team described as poor network status and the command was cancelled. However, a buffer address was created which received a number of SOLs that the team wanted to recover.

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In the past, teams were able to restore SOL from buffer accounts without using memory phrases to close the program. The first method seems to work after executing the command in which the same team is currently restoring the SOL a second time.

An error message was immediately returned stating that the program was closed and could not be redeployed. unless a new program code is used Solana’s main developer confirmed to the OptiFi team that it will not be possible to deploy the new program with the same ID.

“It turns out that we really don’t understand the impact and risks of this shutdown program command line. ‘Solana program close’ is actually used to permanently close the program and send the SOL tokens in the buffer account used by the program back to the wallet. of the recipient”

However, the OptiFi team has urged the Solana development community to explore two-step verification when calling the “Close Solana” function and warn users of the consequences of using the command.

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