Lending · Review
InactiveAlpaca Finance 2.0 Review 2026: Shutdown and Risks
Alpaca Finance 2.0 was a BNB Chain lending protocol that also offered leveraged yield farming. It announced a shutdown in 2025, so users should verify their position and exit options rather than make new deposits.
By the DappsAtlas editorial team · Updated
DappsAtlas score
—/10
Not rated
Our verdict on Alpaca Finance 2.0
Alpaca Finance 2.0 was a BNB Chain lending protocol with staking and leveraged yield farming. Its mix of lending and leveraged strategies gave users different ways to seek yield, but the main caveat now is that Alpaca Finance announced a shutdown in 2025. The protocol's current withdrawal status, fees, and audit history are not established, and the domain associated with it now presents a different business. Existing users should verify official exit instructions and avoid making new deposits.
Score breakdown
How Alpaca Finance 2.0 scores
- Security
- n/a
- Ease of use
- n/a
- Fees
- n/a
- Features
- n/a
Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.
What is Alpaca Finance 2.0?
Alpaca Finance 2.0 was a BNB Chain DeFi protocol offering lending, staking, and leveraged yield farming, with ALPACA as its token. A 2025 report said the project announced a shutdown and a phased exit plan.
The official domain listed for the project currently describes a stock, options, and crypto trading API business, not Alpaca Finance 2.0. Its current withdrawal process, fees, team details, and audit status are not established. Users with existing positions should consult official closure communications and avoid new deposits.
How Alpaca Finance 2.0 works
Alpaca Finance 2.0 was described as a lending protocol with lending and staking, alongside leveraged yield farming. In a typical lending market, users supply assets to a pool and borrowers pay to use those assets; lenders may earn a share of that activity.
Leveraged yield farming generally involves borrowing assets to increase a farming position. This can increase exposure to both the farm's returns and its losses, and may lead to liquidation. Alpaca Finance announced a shutdown in 2025, so this is a description of its former offering, not a recommendation to use it now.
2 features
Key features
01
Lending and staking
Alpaca Finance described its offering as including lending and staking, allowing users to supply assets to earn yield.
02
Leveraged yield farming
Third-party descriptions identify leveraged yield farming as part of the protocol. Leverage can magnify both gains and losses.
Pros and cons
What we like
- Its former offering combined lending and staking with leveraged yield farming.
- It operated on BNB Chain, which is explicitly associated with the protocol.
- A reported phased exit plan may have provided a process for existing users to leave positions.
Watch out for
- Alpaca Finance announced a shutdown in 2025, so it should not be treated as an active destination for new deposits.
- No audits are listed for Alpaca Finance 2.0.
- Fees, team details, and current withdrawal or exit arrangements are not established.
Alpaca Finance 2.0 fees
Fees are not published. Since Alpaca Finance announced a shutdown, users should check official closure communications for any remaining withdrawal or exit costs before interacting with contracts.
Is Alpaca Finance 2.0 safe?
Alpaca Finance 2.0 announced a shutdown in 2025, and a report described a phased exit plan. The current status of user withdrawals and any remaining contracts is not established; holders should verify the closure process before interacting with them.
No audits are listed for the protocol. Lending and leveraged farming carry smart-contract, market, liquidity, and liquidation risks. The current site associated with the provided domain presents a different trading API business, so it does not establish the status or safety of Alpaca Finance 2.0.
4 steps
How to get started with Alpaca Finance 2.0
- 1
Do not make new deposits: Alpaca Finance announced a shutdown in 2025.
- 2
If you have an open position, check official closure communications for the current exit process and supported assets.
- 3
Review the relevant BNB Chain wallet and protocol position before signing any transaction.
- 4
Treat unexpected messages or links claiming to help recover funds with caution.
Who Alpaca Finance 2.0 is for
This is relevant mainly to former Alpaca Finance users checking what the protocol offered and considering how to handle an existing position. It is not a suitable destination for new deposits while the project is reported to be shutting down.
Alpaca Finance 2.0 FAQs
What was Alpaca Finance 2.0?
Alpaca Finance 2.0 was a BNB Chain DeFi protocol for lending and leveraged yield farming. It used the ALPACA token.
Is Alpaca Finance still active?
A 2025 report said Alpaca Finance announced a shutdown and a phased exit plan. Its current operating and withdrawal status is not established here, so check official closure communications before taking action.
Was Alpaca Finance 2.0 audited, and what were its fees?
No audits are listed for Alpaca Finance 2.0, and its fees are not published here. Lending and leveraged farming can involve smart-contract, market, liquidation, and withdrawal risks.
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How we checked
Sources
Last updated . Spotted an error? Tell us and we will correct it.