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Visual metaphor for the Step Finance hack and subsequent shutdown of SolanaFloor and Remora platforms on the Solana blockchain.

Step Finance Hack Forces Devastating Shutdown of SolanaFloor and Remora

February 24, 2026 j n

Global, May 2025: The Solana decentralized finance (DeFi) ecosystem faces a significant contraction as Step Finance, alongside its affiliated platforms SolanaFloor and Remora, confirms a complete and permanent shutdown. This devastating decision comes directly in the wake of a crippling security breach last month that resulted in losses estimated at $40 million. The team’s statement […]