---
title: "Pudgy Penguins’ Ethereum Layer-2 Abstract Is Shutting Down"
url: https://thecoingazette.com/pudgy-penguins-ethereum-layer-2-abstract-is-shutting-down/
date: 2026-10-06
modified: 2026-10-06
lang: en
author: "Coin Gazette Editorial"
description: "Abstract will shut down Dec. 15, saying a chain focused solely on consumer crypto proved unsustainable, and is urging users to bridge their assets off before then."
categories:
  - "Business"
word_count: 27
---

# Pudgy Penguins’ Ethereum Layer-2 Abstract Is Shutting Down

Abstract will shut down Dec. 15, saying a chain focused solely on consumer crypto proved unsustainable, and is urging users to bridge their assets off before then.