Dear Users,
Pionex will support the token swap and rebranding of FXS to FRAX. Accordingly, the following adjustments will be made to FXS-related features:
1. Delisting of Future Trading Pair and Leveraged Tokens
At 02:30 (UTC) on January 5th, 2026, the FXS/USDT future trading pair will be discontinued and delisted. All open orders and related bot orders will be canceled.
2. Delisting of Spot Trading Pairs
At 03:00 (UTC) on January 9th, 2026, FXS/USDT spot trading pair will be discontinued and delisted. All open orders and related bot orders will be canceled.
3. Delisting of Earn Product
At 01:30 (UTC) on January 5th, 2026, Arbitrage Product Based on FXS will be delisted.
4. Suspension of Deposit and Withdrawal Services
At 03:00 (UTC) on January 9th, 2026, deposits and withdrawals for FXS will be suspended.
5. FXS Position Snapshot and Token Swap
After the trading pairs are delisted, a snapshot of users holding FXS will be taken. Eligible users will receive FRAX tokens at a 1 FXS = 1 FRAX ratio.
6. Reopening of FRAX Trading
The exact date for the reopening of the FRAX/USDT trading pair will be announced in due course.
Risk Warning:
Trading in the crypto market carries a substantial risk and the possibility of making both significant profits and losses. Please trade cautiously. Though Pionex will try its best to choose high-quality assets, Pionex cannot assure any profit and will not be responsible for your trading loss.
Thank you for your continued support of Pionex!
Pionex Team
December 28th, 2025
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