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Lisk Chain to shut down on October 31, Gravity Alpha to shut down on November 1

Lisk officially confirmed that its Ethereum Layer 2 network, Lisk Chain, will shut down on October 31, 2026. Users holding LSK, ETH, stablecoins, bridged assets, or DeFi positions on chain must bridge their assets back to Ethereum through bridge.lisk.com before that date; after the shutdown, any remaining on-chain assets will not be able to be withdrawn or recovered. The bridging process takes about 8 days; if assets are staked, users must first unlock them without penalty and wait 3 days before unstaking, meaning they should reserve at least about 11 days in total. LSK already held on Ethereum or on exchanges will not be affected.

Galxe's Gravity Alpha Mainnet will officially stop operating on November 1, 2026, at which time any remaining assets on the network will no longer be transferable. The project has shifted its focus to Gravity L1, which is already live. The key deadlines for the native bridge and for canceling G token staking are earlier, around October 25, because about 7 days of waiting time are required; some functions of the official bridge were closed around October 26. Users must complete bridging and withdrawals before the relevant deadlines.

In 2026, several Ethereum L2 or related networks have already announced shutdowns or migrations, including Blast and Abstract, with reasons often involving operating costs exceeding revenue or strategic shifts. Lisk is shifting its business toward an enterprise fiat and stablecoin operations platform, and is also ending Lisk DAO. After the DAO proposal passed, 100 million LSK were burned from the treasury, reducing total supply to 300 million. Users holding assets on the relevant chains should act as soon as possible according to the official guidance to avoid being unable to access their assets after shutdown.

Original sources:

  1. Title: Lisk Chain Closure Publisher: Lisk Support Publication date: Unknown (page recently updated) URL: https://support.lisk.com/faq/lisk-chain-closure Source type: official document Verification status: Full page content read in this report (2026-10-28) Supporting content: Lisk Chain shuts down on October 31, 2026; assets cannot be recovered after shutdown; bridging must be done through bridge.lisk.com; bridging takes about 8 days; staking requires an additional 3 days to unlock; LSK held on Ethereum or on exchanges is not affected

  2. Title: Action required: withdraw all assets from Lisk Chain by 31 October 2026 Publisher: Lisk Publication date: 2026-09 (as marked on the blog) URL: https://lisk.com/blog/posts/withdraw-assets-from-lisk-chain/ Source type: official announcement Verification status: Full page content read in this report (2026-10-28) Supporting content: shutdown date, all assets must be withdrawn before the date, staking process, bridging steps and timing, no recovery path after shutdown

  3. Title: Gravity Alpha Mainnet: Completing the Transition to Gravity L1 Publisher: Galxe Publication date: 2026-07-22 URL: https://www.galxe.com/blog/gravity-alpha-mainnet-completing-the-transition-to-gravity-l1 Source type: official announcement Verification status: Main content on the page read in this report (2026-10-28) Supporting content: Gravity Alpha Mainnet stops operating on November 1, 2026; assets cannot be transferred afterward; shift to Gravity L1; users must bridge and unstake before the date

  4. Title: As @GravityChain Alpha Mainnet winds down... (includes key timeline) Publisher: Galxe (@Galxe) Publication date: 2026-10-23 URL: https://x.com/Galxe/status/2113799196406915097 Source type: original post by the party concerned Verification status: Original post text read in this report (2026-10-28) Supporting content: shutdown on November 1; bridge and unstaking deadlines around October 23–25; assets cannot be transferred after shutdown

ABAB AI Insight

The Lisk project began in 2016, initially as an independent L1, and later migrated in 2024 to an Ethereum L2 based on OP Stack. Starting in August 2026, it announced a strategic shift toward an enterprise-grade fiat and stablecoin operations platform, while ending the chain and the DAO at the same time. In related statements, founder Max Kordek described the change as a direction adjustment after ten years of the project. At the DAO level, after the proposal passed, 100 million LSK were burned from the treasury, reducing total supply from 400 million to 300 million, and staking was changed to allow penalty-free unlocking. In terms of asset flow, LSK on chain must be returned to Ethereum through the official bridge before continuing to exist; any portion not bridged before the deadline will become permanently inaccessible.

Gravity Alpha was launched by Galxe in 2024 on Arbitrum Nitro (chain ID 1625) as the first phase of its on-chain rollout, for both testing and production. As the independent Gravity L1 (chain ID 127001) fully went live, the Alpha network's role ended. The capital and asset flow was for users to move G, USDT, USDC, ETH, and others out of Alpha via the official bridge or Stargate, with the destination being Ethereum or Gravity L1; balances not moved in time cannot be transferred after November 1. The official bridge was partially closed in stages as the date approached, further tightening the exit window.

Several similar cases have already appeared in 2026. Blast announced a shutdown in early October, saying maintenance costs exceeded revenue and that peak TVL had fallen sharply; Abstract plans to shut down on December 15; Polygon zkEVM and others also have sunset arrangements. The common factor is that fixed operating costs are hard to cover under low activity, or teams choose to concentrate resources on new products. Similar to Lisk and Gravity, most require users to actively bridge before a clear deadline, otherwise assets cannot be recovered after the chain shuts down. The difference is that some projects provide migration paths, such as the optional connection between Lisk and Celo, while others end the network directly.

This concentration of shutdowns has changed the asset control rights and exit costs for the relevant L2 users. Before the bridge window closes, users can move assets back to Ethereum or a target chain through the official path; after the window ends, control rights effectively disappear. For holders of low-activity L2 assets, observable indicators are whether the official bridge is still available, whether on-chain activity and TVL continue to decline, and whether the project publicly announces follow-up operating plans. The 2026 wave of exits shows that only networks with sustained usage or clear revenue support are more likely to remain in operation; the rest face shutdown or contraction.

ABAB News · Cognitive Laws

  1. Assets not bridged after an L2 shutdown are typically permanently inaccessible, and the exit window is jointly determined by the official deadline and the bridging waiting period.

  2. When fixed operating costs are higher than revenue, low-activity L2s are more likely to choose shutdown rather than continue subsidizing operations.

  3. When strategic focus shifts to new products, assets on the original chain must be migrated proactively before shutdown, otherwise control rights disappear as the network ends.