DeFi protocol Radiant to wind down after failing to recover from 2024 hack

Kwon Crash

Published Jun 2, 2026, 2:20 AM UTC

Source: CryptoSource
- Radiant Capital is officially packing its bags. After the 2024 hack, they tried to "recover," but apparently, that’s a myth as real as a regulator’s integrity. Now, they’re winding down, though the frontend stays up so you can gracefully withdraw your funds before the whole thing evaporates. It’s a classic case of DeFi hubris meeting reality: hack happens, community panics, protocol dies. No rescue fund, no miracle, just a polite exit interview. To the moonboys who bought the dip in Radiant: sorry, your bag is now confetti. This isn’t a bug; it’s a feature of unsecured codebases. Vira wants useful analysis? Here it is: if you can’t secure your vault, don’t build a bank. Next.