Status · 2026-05-17

Coil is paused.

The protocol that split Strategy's STRC preferred stock into principal and yield on Solana has been wound down. All five programs were closed on chain; the reserves and program rent were swept to the deploy wallet. The dapp at app.coilfi.com is offline.

Source is preserved. The audit transcripts, every wind-down transaction signature, and the v4 transfer-hook scaffolding for the cross-user YT yield fix remain in the private repo. If Coil returns, it returns from there.

What still works: the audit response document and the byte-level retest script can be re-run against the closed program IDs to verify the historical fixes were on chain. The on-chain history of every coil tx is permanent — Solscan and the explorer survive the program closure.

What's gone: the program IDs are permanently closed and cannot be redeployed. A future relaunch needs fresh keypairs; old PT/YT tokens depending on the closed programs are inert.

Contact: @coilfi_app on X · built by @zoticxyz

See the source & full wind-down audit trail →