According to CoinMeta, Hyena has announced that it will close all its markets from August 31 to September 2. Prior to this, the platform had processed over $4 billion in transactions and served more than 12,000 users. Hyena stated that due to changes in the stablecoin settings of Hyperliquid, the number of margin trading products supported by USDE has decreased, which led to the decision to cease operations. The platform will begin to phase out its markets starting from August 31, with the process expected to be completed by September 2. Users do not need to manually close their positions before each market closure, and Hyena ensures that users' funds are safe during this period. Since its launch, Hyena has processed a cumulative transaction volume of over $4 billion, and users can retrieve their principal and accumulated rewards through Upshift.