Radiant Capital announced that its DAO will begin an orderly wind-down after failing to recover from the October 2024 exploit, reported as a $50 million loss in the older topic and $51 million in the newer topic. According to the project, recovery efforts over roughly 18 months did not restore growth, and the protocol was also unable to secure new financing. Front-end access and onchain contracts remain available so users can withdraw funds, repay loans, and manage positions, while RDNT incentives will end and lending caps will be set to zero. Radiant added that asset recovery efforts are still underway and any recovered funds will be returned to affected users.