Announcement on DAI Token Swap and Rebranding to USDS

Dear Users,

Pionex will support the token swap and rebranding of DAI to USDS. Accordingly, the following adjustments will be made to DAI-related features:

1. Delisting of Spot Trading Pairs
At 03:00 (UTC) on April 10th, 2026, DAI/USDT spot trading pair will be discontinued and delisted. All open orders and related bot orders will be canceled.

2. Suspension of Deposit and Withdrawal Services
DAI deposits and withdrawals have been suspended.

3. DAI Position Snapshot and Token Swap
After the trading pairs are delisted, a snapshot of users holding DAI will be taken. Eligible users will receive USDS tokens at a 1 DAI = 1 USDS ratio.

4. Reopening of USDS Trading
The USDS/USDT trading pair is scheduled to resume trading at approximately 07:00 (UTC) on April 10, 2026.

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
April 8th, 2026