Updates on Announcement of OM Token Swap

Dear Users,

Pionex has revised the migration schedule and this announcement supersedes the old announcement "Announcement on OM Token Swap and Rebranding to MANTRA" dated December 6th, 2025. Accordingly, the following adjustments will be made to OM-related features:

1. Spot Trading Pairs, Future Trading Pair and Leveraged Tokens are not affected by this update
OM/USDT spot trading pair and future trading pair continue to operate as normal, and are not affected by OM upgrade.

2. Suspension of Deposit and Withdrawal Services
OM deposits and withdrawals have been suspended. Users may still sell OM to USDT to proceed with withdrawals.

3. OM holdings will no longer be convertible to MANTRA automatically
After the OM upgrade, Pionex will no longer support the conversion of OM holdings to MANTRA. 

4. MANTRA Trading availability date
The exact date for the reopening of the MANTRA/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 11th, 2025