Key Takeaways
- • EXIT HOUSE launched on Ethereum mainnet on Oct. 9, 2026 at 18:27 UTC, letting holders permanently retire unwanted ERC-721/ERC-1155 NFTs and eligible ERC-20 tokens in exchange for EXIT, its new ERC-20 token, according to a Chainwire release datelined Miami, Florida.
- • A 30-day Launch Month runs until Nov. 8, 2026 at 18:27 UTC, paying 1,000 EXIT per $1 of qualifying asset value; the rate drops to 100 EXIT per $1 afterward.
- • Protocol limits include a $0.10 minimum and $5,000 cap per exit, $25,000 per wallet per day, $10,000 per collection or token per day, and 100 million EXIT in rewards per day across the protocol.
- • EXIT has a fixed supply of 10 billion tokens, with 45% allocated to exit rewards, released in 300 million EXIT tranches; the founder allocation vests over 14 months.
- • Each exit carries a 2% fee on qualifying value paid in ETH, split between the EXIT/WETH liquidity pool and the EXIT HOUSE treasury; EXIT trades on Uniswap v3 with a pool opened at $0.0005 per token.
Summary
EXIT HOUSE has launched on Ethereum mainnet a protocol that allows holders to permanently retire NFTs and ERC-20 tokens they no longer want in return for EXIT, its newly issued ERC-20 token, according to a Chainwire press release dated October 11, 2026. The protocol went live on October 9 and opened a 30-day Launch Month during which each exit pays 1,000 EXIT per $1 of the asset's qualifying value. From November 8, 2026, the rate falls to 100 EXIT per $1. The release cites an example of a $250 NFT paying 250,000 EXIT during the Launch Month.
Eligibility is restricted. NFTs must come from ERC-721 or ERC-1155 collections live on OpenSea before October 1, 2026 with at least five sales in the past 30 days. ERC-20 tokens must have been deployed on Ethereum before that date and have either a Chainlink price feed or a Uniswap market holding at least $250,000. Financial positions such as Uniswap liquidity positions and Lido stETH withdrawal NFTs are excluded, as is EXIT itself. Values derive from OpenSea floor and offer data, capped at twice the collection's 30-day average sale price and converted via Chainlink's ETH/USD feed; where no reliable price exists, the asset is shown as price unavailable rather than estimated.
EXIT's supply is fixed at 10 billion tokens, minted once at launch, with 45% reserved for exit rewards, 15% for staking rewards, 15% for the founder, 10% for liquidity, 10% for the treasury and 5% for the ecosystem. Exit rewards are paid from 300 million EXIT tranches that release automatically when 30 million or less remains, at most once daily. Holders may stake EXIT for fixed terms of 7 to 360 days with term rewards from 0.7% to 40%, which the release states are not annual rates. The protocol is governed by a Safe multisig operating through a 48-hour public timelock, and pausers can halt exits or new stakes but cannot move funds. Chainwire notes that the release does not constitute financial, legal or tax advice, that EXIT is described as a utility token, and that exits are irreversible. Founder Anthony Anger is quoted describing the product as giving holders a "clean exit" for assets they have abandoned. The release is a company-issued press release; no independent coverage of the protocol's performance or adoption was available at the time of writing.
Eligibility is restricted. NFTs must come from ERC-721 or ERC-1155 collections live on OpenSea before October 1, 2026 with at least five sales in the past 30 days. ERC-20 tokens must have been deployed on Ethereum before that date and have either a Chainlink price feed or a Uniswap market holding at least $250,000. Financial positions such as Uniswap liquidity positions and Lido stETH withdrawal NFTs are excluded, as is EXIT itself. Values derive from OpenSea floor and offer data, capped at twice the collection's 30-day average sale price and converted via Chainlink's ETH/USD feed; where no reliable price exists, the asset is shown as price unavailable rather than estimated.
EXIT's supply is fixed at 10 billion tokens, minted once at launch, with 45% reserved for exit rewards, 15% for staking rewards, 15% for the founder, 10% for liquidity, 10% for the treasury and 5% for the ecosystem. Exit rewards are paid from 300 million EXIT tranches that release automatically when 30 million or less remains, at most once daily. Holders may stake EXIT for fixed terms of 7 to 360 days with term rewards from 0.7% to 40%, which the release states are not annual rates. The protocol is governed by a Safe multisig operating through a 48-hour public timelock, and pausers can halt exits or new stakes but cannot move funds. Chainwire notes that the release does not constitute financial, legal or tax advice, that EXIT is described as a utility token, and that exits are irreversible. Founder Anthony Anger is quoted describing the product as giving holders a "clean exit" for assets they have abandoned. The release is a company-issued press release; no independent coverage of the protocol's performance or adoption was available at the time of writing.
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