Sablier Labs, known for its token-streaming and vesting services, has announced a pause on active product development. Co-founder and CEO Paul Berg confirmed that the company will operate in maintenance mode until June 2028.
Berg emphasized that while the company is stepping back, the existing smart contracts, which are utilized by over 345,000 Ethereum addresses, will continue to function on-chain. This means ongoing vesting plans, streams, and airdrops will remain operational, regardless of the company's status. However, starting July 13, 2026, the platform will stop accepting new vesting streams or airdrops with end dates beyond June 2028, and it will block open-ended payment streams entirely.
The decision comes after a notable decline in usage and revenue during the first quarter of 2026, despite launching a record number of features. Berg cited two main factors: customers delaying token launches due to weakening market conditions, and increased competition from AI-driven coding that lowers the barrier for replicating Sablier's services.
In light of these developments, Berg concluded that the current market does not support a venture-scale business in on-chain token distribution and money streaming. He has shifted the planned transition of their primary EVM smart contracts to a fully open GPL license earlier to July 13, 2026. This move encourages the community to fork and modify the contracts without limitations.
Since its inception, Sablier has facilitated over 837,000 transactions without any reported security issues. Berg has indicated he will take a brief hiatus before re-engaging with opportunities in the crypto space.
This is informational material and should not be considered financial advice.
