ZKsync Lite shutdown confirmed as May 4 freeze approaches $33.9 million remains bridged before network deprecation deadline Team assures all user funds stay fullyZKsync Lite shutdown confirmed as May 4 freeze approaches $33.9 million remains bridged before network deprecation deadline Team assures all user funds stay fully

ZKsync Lite Deprecation Locked for May 4 Funds Still Claimable

2026/02/27 21:54
3 min read
  • ZKsync Lite shutdown confirmed as May 4 freeze approaches
  • $33.9 million remains bridged before network deprecation deadline
  • Team assures all user funds stay fully claimable

ZKsync has confirmed that ZKsync Lite will be fully deprecated on May 4, marking the formal end of its first zero knowledge rollup on Ethereum. The update places a definitive timeline on the network’s closure while emphasizing that all user funds will remain recoverable after shutdown. According to posts published on X by the official ZKsync account, block production on Lite will stop permanently on May 4. Once that occurs, the network’s final state will freeze. Consequently, balances will no longer change after the cutoff date.


The team described the move as a planned and orderly sunset for a system that has already served its purpose. Moreover, it clarified that the deprecation does not affect ZKsync Era or any chains built using the ZK Stack framework. Those systems will continue operating without disruption.

ZKsync Lite Deprecation Locked for May 4 Funds Still Claimable

Users have been encouraged to withdraw assets before May 4 for greater convenience. However, funds left on the network will remain fully claimable even after block production ends. Additionally, the team stated that claiming tools will be released immediately following the shutdown. Data from L2BEAT shows that approximately $33.9 million remains bridged to ZKsync Lite. Stablecoins account for nearly $24.9 million of that total. Meanwhile, ETH and derivatives represent about $8.4 million. Smaller allocations include over $313,000 in BTC derivatives and roughly $231,000 in other assets.


Also Read: XRPL Disaster Averted: Critical Bug Could Have Drained XRP Wallets


Network Freeze Guarantees Balance Integrity

The May 4 halt will permanently lock the network’s final state, ensuring that no balances can change after shutdown, hence users retain clarity over asset positions recorded at the moment of freeze. A read only API will remain accessible for at least one year after block production stops. This access will support data retrieval and historical verification. Furthermore, ZKsync stated that additional guidance will be shared ahead of the deadline to keep users informed.


ZKsync Lite, originally launched in 2020 as ZKsync 1.0, supported token transfers, atomic swaps, and NFT minting. However, it did not include smart contract functionality. Development on Lite halted in March 2023 after Matter Labs shifted focus toward ZKsync Era.


At the time, Era aimed to deliver scalable Ethereum compatibility through a zkEVM framework. Consequently, Lite transitioned into legacy infrastructure as the broader ecosystem evolved. ZKsync will freeze Lite on May 4 while keeping all assets fully claimable. The project continues concentrating on Era and the expanding ZK Stack ecosystem.


Also Read: Bitcoin ETFs Soak Up $254M in 3 Days as Price Stalls Below Key Levels


The post ZKsync Lite Deprecation Locked for May 4 Funds Still Claimable appeared first on 36Crypto.

Market Opportunity
4 Logo
4 Price(4)
$0.008117
$0.008117$0.008117
+0.34%
USD
4 (4) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Sunrun Shares Plunge 28% Following Disappointing 2026 Cash Flow Forecast

Sunrun Shares Plunge 28% Following Disappointing 2026 Cash Flow Forecast

Sunrun stock plummeted 28% to $14.74 following weak 2026 cash flow guidance despite Q4 EPS beat. Jefferies downgrades to Hold as capital return hopes fade. The
Share
Blockonomi2026/02/28 00:23
IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!

IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!

The post IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge! appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 18:00 Discover why BlockDAG’s upcoming Awakening Testnet launch makes it the best crypto to buy today as Story (IP) price jumps to $11.75 and Hyperliquid hits new highs. Recent crypto market numbers show strength but also some limits. The Story (IP) price jump has been sharp, fueled by big buybacks and speculation, yet critics point out that revenue still lags far behind its valuation. The Hyperliquid (HYPE) price looks solid around the mid-$50s after a new all-time high, but questions remain about sustainability once the hype around USDH proposals cools down. So the obvious question is: why chase coins that are either stretched thin or at risk of retracing when you could back a network that’s already proving itself on the ground? That’s where BlockDAG comes in. While other chains are stuck dealing with validator congestion or outages, BlockDAG’s upcoming Awakening Testnet will be stress-testing its EVM-compatible smart chain with real miners before listing. For anyone looking for the best crypto coin to buy, the choice between waiting on fixes or joining live progress feels like an easy one. BlockDAG: Smart Chain Running Before Launch Ethereum continues to wrestle with gas congestion, and Solana is still known for network freezes, yet BlockDAG is already showing a different picture. Its upcoming Awakening Testnet, set to launch on September 25, isn’t just a demo; it’s a live rollout where the chain’s base protocols are being stress-tested with miners connected globally. EVM compatibility is active, account abstraction is built in, and tools like updated vesting contracts and Stratum integration are already functional. Instead of waiting for fixes like other networks, BlockDAG is proving its infrastructure in real time. What makes this even more important is that the technology is operational before the coin even hits exchanges. That…
Share
BitcoinEthereumNews2025/09/18 00:32
MoonPay and M0 launch pyusdx stablecoin infrastructure platform for application builders

MoonPay and M0 launch pyusdx stablecoin infrastructure platform for application builders

Developers building new financial and crypto experiences can now access the pyusdx stablecoin infrastructure to issue tailored digital dollars backed by PayPal
Share
The Cryptonomist2026/02/27 22:47