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Pingu Exchange

Pingu Exchange closure and Arbitrum Monad 2026 perpetuals wind-down

1 article

Conceptual black penguin figurine with cryptocurrency coins beside a fragmented purple blockchain bridge at sunset, illustrating Pingu Exchange's 2026 closure.

Why Did Pingu Exchange Close? The Monad Bet and 64.46 ETH Exit

Pingu Exchange closed its perpetuals platform in July 2026 after its Monad expansion fell short. What happened to traders, 64.46 ETH and the points campaign.

Markesha Freeman

Oct 25, 202610 min

Pingu Exchange | Finlazo Blog