Stader Labs has announced the discontinuation of MaticX and users are required to complete the redemption by August 3rd.

**Stader Labs Discontinuing MaticX Operations, Unveils Redemption Timeline** June 13 — Liquidity staking protocol Stader Labs has officially announced it’s winding down MaticX. Starting today, MaticX will stop accepting new deposits and enter a “claim-only” state. Users can still redeem their MATIC holdings through the existing interface for now. The official MaticX DApp will be permanently taken offline on August 3, 2026. After that date, users won’t be able to use the web frontend and must complete all redemptions directly via Etherscan through Ethereum’s smart contract. A MaticX staking contract upgrade is scheduled for June 12–19, 2026. Around June 19, the exchange rate between MaticX and MATIC will lock in permanently — this will serve as the final settlement rate for all future redemption requests. Users who’ve already redeemed assets before this change won’t face any disruptions. Unredeemed users can keep claiming via the existing DApp or Etherscan, while redemption requests that were initiated but not yet sent to their wallets can still be processed later through the Etherscan contract. Between June 19 and August 3, 2026, the MaticX DApp will offer instant redemptions at the fixed locked-in rate. Once August 3, 2026 arrives, the MaticX frontend will shut down for good. However, users will still have three years from that date (until August 3, 2029) to withdraw assets directly via the Etherscan contract. Stader Labs says it will release a detailed, step-by-step Etherscan claiming tutorial ahead of the DApp closure to ensure users can complete their redemptions smoothly.