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Terra Luna Review: Is the Chain Still Active?

Terra is identified as a blockchain with LUNA, but Terraform Labs’ shutdown notice leaves the chain’s current support and practical use unclear.

By the SkyBitcoins review team · Updated

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At a glance

Terra Luna key facts

Terra Luna key facts
TypeBlockchain
ChainsTerra and Terra2
TokenLUNA
TFL statusWinding down since 30 September 2024
Updated

Terra Luna FAQs

Has Terra Luna shut down?

Terraform Labs says it is winding down, a process it dates to 30 September 2024. That notice does not confirm that the Terra blockchain itself has shut down, so check the network’s current status before relying on it.

What is Terra Luna (LUNA)?

LUNA is identified as Terra’s token, and Terra and Terra2 are listed as associated chains. Current network activity, wallet support, transaction costs and safe ways to begin are not established, so verify these before sending funds.

Is Terra Luna safe to use?

No current fee schedule, audit, licence or custody details are established. Terraform Labs’ winding-down notice also makes it important to confirm who maintains any service you plan to use.

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