Huobi’s Heco Chain announces retirement, urging users to redeem HRC20 assets before Jan. 10, 2025.

The Heco chain, a decentralized blockchain launched by Huobi Exchange, was backed by some of the most esteemed DeFi projects, including LendHub, which was a credit and debit protocol offering mining solutions, and MDEX, a decentralized trading platform known for liquidity and transaction mining. These projects have shaped Heco’s ecosystem, focusing on developer-friendly tools and cross-chain DeFi innovation. 

The decision signifies the end of the network’s activities and will also lead to the removal of HRC20 assets, including HRC20ETH, HRC20TUSD, HRC20LINK, HRC20USDC, HRC20TUNI, HRC20SHIB, HRC20HBTC, and HRC20USDT.