
PANews|Apr 24, 2025 06:40
Upbit adds SNX to trading alert list and suspends deposit services
According to Upbit's announcement, Synthetix (SNX) has been listed as a trading warning asset by DAXA due to the unstable anchoring of $1 USD and the risk of price anomalies. SNX's deposit service will be suspended from 3:00 pm (local time) on the same day.
The platform will evaluate the asset and decide whether to extend the observation, lift the warning, or terminate trading support. If the risks are not completely resolved during the evaluation period, SNX may face delisting. The recovery time for deposit support will be notified separately.
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