Key Takeaways
- • Omnity Network is ceasing operations and will shut down its Bitcoin DeFi products—RichSwap and Satsman—within 30 days due to depleted operating funds, effective by September 25, 2026.
- • RichSwap liquidity providers must withdraw their liquidity immediately; the team will upgrade smart contracts to remove lock-up restrictions and enable unrestricted fund withdrawals.
- • Support channels will remain operational for 30 days during the transition period to assist users with withdrawal procedures and related operations.
- • Core team members plan to continue supporting the Bitcoin ecosystem through individual efforts and developer collaboration organizations rather than via the Omnity platform.
Summary
Omnity Network, a Bitcoin-focused decentralized finance protocol, announced on September 28, 2026, that it will gradually cease all project operations due to exhausted operating funds. The shutdown will affect its two primary Bitcoin DeFi products: RichSwap, a liquidity provision platform, and Satsman, both of which will be discontinued within a 30-day window, with the deadline set for September 25, 2026.
The network has issued an urgent call for liquidity providers on RichSwap to withdraw their capital as rapidly as possible. In response to user concerns about fund accessibility, Omnity plans to upgrade its smart contract infrastructure to eliminate existing lock-up restrictions, allowing users to access and withdraw their assets without limitations during the transition period. A comprehensive operational timeline and detailed liquidity withdrawal guide will be published to facilitate orderly fund redemptions.
To manage the shutdown responsibly, Omnity has committed to keeping support channels and operational assistance available for the full 30-day transition window. This extended support period is designed to help users navigate withdrawals and resolve any operational queries related to asset recovery.
Rather than dissolving entirely, the core development team signaled its intention to remain active in the Bitcoin ecosystem through independent contributions and participation in developer-focused collaboration organizations. This approach allows former Omnity developers to continue advancing Bitcoin infrastructure initiatives outside the formal project structure.
The network has issued an urgent call for liquidity providers on RichSwap to withdraw their capital as rapidly as possible. In response to user concerns about fund accessibility, Omnity plans to upgrade its smart contract infrastructure to eliminate existing lock-up restrictions, allowing users to access and withdraw their assets without limitations during the transition period. A comprehensive operational timeline and detailed liquidity withdrawal guide will be published to facilitate orderly fund redemptions.
To manage the shutdown responsibly, Omnity has committed to keeping support channels and operational assistance available for the full 30-day transition window. This extended support period is designed to help users navigate withdrawals and resolve any operational queries related to asset recovery.
Rather than dissolving entirely, the core development team signaled its intention to remain active in the Bitcoin ecosystem through independent contributions and participation in developer-focused collaboration organizations. This approach allows former Omnity developers to continue advancing Bitcoin infrastructure initiatives outside the formal project structure.
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