Flash.Trade is winding down its Solana perpetuals exchange and seeking a buyer for its technology stack, brand and intellectual property, with any sale proceeds earmarked for FAF holders on a pro rata basis. Withdrawals remain open, team-held tokens are to be excluded from any distribution and the earlier three-month unstaking delay has been removed, while exact dates for disabling new positions, settling open trades and handling liquidity providers are set to be discussed with token holders before an X AMA on Aug. 10 at 16:00 UTC. The team had earlier said the decision was not driven by money, but founder Anas later cited severe internal disagreements, a shrinking market and a long period without profitability, then said he had been overly emotional after criticizing what he saw as neglect from the Solana Foundation and stressing he was not blaming it for the project's failure. Solana co-founder Anatoly Yakovenko said the foundation can help with go-to-market efforts and early visibility, but turning that attention into users depends on the product itself.