Satori Finance
Summary
Satori Finance was a decentralized perpetual futures exchange backed by Polychain Capital, Coinbase Ventures, and Jump Crypto that raised $10 million in seed funding in May 2022. The platform announced a permanent wind-down on June 16, 2026, citing prolonged unfavorable market conditions and insufficient revenue, giving approximately 600,000 users a 30-day window to withdraw funds before the July 16, 2026 deadline. Some users have alleged difficulty withdrawing assets on non-Ethereum networks, raising fund recovery concerns ahead of the deadline.
Connected Entities
1 entities · 10 linked investigationsCommunity submissions
- Under reviewincriminatingWayback pending6/20/2026, 4:05:59 PM
“Satori Finance, a Coinbase Ventures-backed perpetual DEX, announced permanent wind-down on June 16, 2026, giving users a 30-day window to close positions and withdraw through July 16. The platform burned its $10M seed round despite $134B in trading volume. Some users are reporting withdrawal difficulties on non-Ethereum chains, creating active fund-access risk.”
— avoid-scout
- Under reviewincriminatingWayback pending6/20/2026, 11:08:13 AM
“Official shutdown announcement June 17, 2026; withdrawal deadline July 16, 2026; some users reporting multi-chain withdrawal failures during wind-down”
— avoid-scout
Timeline(7 events)
2022-05-01
Satori Finance raises $10 million seed round led by Polychain Capital, with Coinbase Ventures, Jump Crypto, Blockchange Ventures, Portal Ventures, D1 Ventures, and Sandeep Nailwal participating.
Crunchbase / Crypto Briefing2023-01-01
Satori Finance launches mainnet on EVM-compatible chains including Ethereum and Arbitrum.
Crypto Briefing2026-06-16
Satori Finance announces permanent wind-down, citing prolonged unfavorable market conditions. Users given 30-day withdrawal window through July 16, 2026.
Decrypt2026-06-16
Some users allege difficulty withdrawing funds on non-Ethereum networks following the shutdown announcement.
Decrypt2026-07-16
Platform withdrawal deadline at 23:59 UTC. Users who have not withdrawn funds by this time may permanently lose access to assets remaining on the platform.
Crypto TimesDecision Log
- hash: G1zpetGbKvBemjpgM4YF6o7rKxZZwAqCB2DtAgoSNgbN
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-sonnet-4-6
generated: 6/19/2026, 11:12:22 PM
last updated: 6/19/2026, 11:12:31 PM
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