Terra Claim Deadline Has Passed: What Should Holders Do Now?

The deadline to file your Terra crypto loss claim officially ended on 16 May 2025 at 11:59 p.m. Eastern Time. If you missed it, you are not alone. Many users have been caught in a difficult spot following the collapse of Terraform Labs and its LUNA ecosystem. 

But all is not lost. In this article, we explain what you can still do, how to find help, and where to trade or swap your remaining tokens if you are stuck.

Missed the Deadline? Here’s Your First Step

If you did not manage to submit your claim to the Terraform Labs Wind Down Trust, the first step is to accept that the formal claim window has now closed. 

Late submissions will not be accepted according to the official statement released on Terra’s social media on 14 May 2025. The claim deadline was final, and the platform has made it clear that no extensions are being offered.

However, this does not mean you are completely without recourse. The official email for questions is still active. You can write to Terraforminfo@ra.kroll.com with your situation, especially if you had genuine technical issues or confusion about the process. 

While this may not guarantee inclusion in the claims, it is a good-faith step that might at least bring clarity on your case.

If you submitted the claim late but believe you have a strong case, document everything you did, including transaction hashes, screenshots, and time stamps. Send this to the email above in case a future review or appeal process is opened.

For most users, though, the reality is that the formal claims process is now over. This means it may be more useful to shift your focus towards maximising the utility of your remaining tokens, if you still hold any, and explore ways to convert them on active markets.

Read more: What Happened to LUNA Coin? A Chronological Explanation

Where to Swap Terra Tokens After the Claim Deadline

Even if you missed the claim, you may still be holding tokens related to the Terra ecosystem. These may include LUNA, LUNC, USTC, or other related assets. 

The next logical step is to explore trading platforms that still support them, whether for swapping to other tokens or converting to stablecoins.

Start by checking CoinGecko and CoinMarketCap for current exchange listings. Search for your specific token, then scroll down to the "Markets" section. You will find an updated list of both centralised and decentralised exchanges that still support trading for that asset.

Some decentralised exchanges where Terra-based tokens might still be tradeable include:

• Osmosis: A Cosmos-based DEX that often supports assets from the Terra ecosystem. You can connect via Keplr wallet and try swapping your tokens for ATOM, USDC, or other supported assets.
• Kujira: A decentralised platform that has close ties with Terra-originated assets. Kujira’s FIN DEX could support relevant tokens, giving you access to swaps and potential liquidity.

Before swapping, always double-check slippage, price impact, and gas fees. Many of these tokens are now considered high risk or low liquidity, so proceed cautiously. Use a test transaction if needed.

These platforms allow easier swaps but may have restrictions on deposits or withdrawals depending on token stability and risk classifications.

Read more: Luna Coin Review: News, Price Analysis & 2025 Forecast

Moving Forward: Letting Go and Exploring Safer Alternatives

If your tokens are no longer supported or their value has dropped significantly, it may be worth considering moving on. Many users have found peace in letting go of illiquid or inactive tokens and reallocating their attention toward more active, supported ecosystems.

If you are comfortable with decentralised finance, exploring staking or yield options on platforms like Bitrue or Osmosis can be a way to stay active in crypto without chasing risky assets.

Alternatively, if you want exposure to Ethereum-based DeFi or layer 2 solutions, you can bridge your remaining stablecoins or supported tokens to networks like Arbitrum, Base, or Optimism and explore tokens with more stable utility.

Another approach is to convert what you have left into a more stable digital asset, such as USDT or USDC and use it to dollar-cost average into new projects. 

Look for emerging narratives like real-world assets, modular blockchains, or decentralised AI projects that may offer long-term growth with better support structures.

While losing access to the Terra claims process is frustrating, it also provides an opportunity to reassess your strategy and avoid overexposure to collapsing ecosystems. 

Diversification and careful due diligence are key to surviving volatile markets and avoiding similar outcomes in the future.

If you are unsure where to begin, Bitrue offers curated launchpad tokens, trading pairs, and staking products with clear guidance and low entry barriers, making it easier for newcomers and veterans alike.

Read more: What Happened to Luna Coin? Is It Still a Good Investment?

Conclusion

The deadline to file crypto loss claims with Terraform Labs has now passed. While late submissions are not being accepted, users still holding Terra-related tokens have several paths forward. 

Whether that involves contacting Terraform support, trading tokens on decentralised exchanges like Osmosis or Kujira, or moving on to new opportunities, there is still action you can take.

For those ready to move forward with secure and user-friendly crypto trading, Bitrue provides access to trusted markets, flexible staking, and tools to manage your digital assets with confidence.

Frequently Asked Questions

1. Can I still submit a Terra loss claim after 16 May 2025?
No. The deadline has passed and late submissions are not accepted. You can email Terraforminfo@ra.kroll.com with questions or documentation, but there is no guarantee of inclusion.

2. Where can I trade or swap my remaining Terra tokens?

You can check CoinGecko or CoinMarketCap for current listings. Platforms like Osmosis AND Kujira may still support swaps or conversions for Terra-based assets.

3. What should I do with worthless or unsupported tokens?

If your tokens cannot be traded or redeemed, it may be best to move on. Convert any salvageable assets to stablecoins and explore new, supported projects or tokens with more active communities.

Investor Caution 

While the crypto hype has been exciting, remember that the crypto space can be volatile. Always conduct your research, assess your risk tolerance, and consider the long-term potential of any investment.

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Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.