Hats Finance has announced that it will shut down its centralized, custodial user interface and hosted servers by December 31, 2025. The decision was made due to unsustainable operating conditions and costs associated with maintaining the centralized front end. The project, known for providing decentralized security auditing and bug bounties, emphasized that the underlying protocol is immutable and will remain active on-chain. While the hosted interface is being discontinued, the protocol's decentralized nature ensures that it continues to function. However, users are urged to withdraw funds or manage their positions via the current official UI by December 17, 2025, to ensure a smooth transition. After the hosted operations cease, future access to the protocol will require direct interaction with smart contracts or through alternative community-hosted interfaces. [Update 1] Additional reports confirm HatsFinance is entering a final wind-down of its hosted operations, citing the costs of maintaining centralized infrastructure. Users have been formally notified via official channels to prepare for the transition away from the team-managed interface.