Dear CoinEx users,
To improve the liquidity of our market and the development of our ecosystem, CoinEx will cancel the AMM service of 11 Markets on Apr 23, 2024.
Time of Adjustment
3:00 on Apr 23, 2024 (UTC)
Markets Canceled
PEPE/USDT, WIF/USDT, FET/USDT, BONK/USDT, TAO/USDT, INJ/USDT, INJ/USDC, ORDI/USDT, RON/USDT, RON/BTC and PENDLE/USDT, 11 markets in total.
Risk Reminder
1. For liquidity providers of the to-be-canceled markets, please withdraw the liquidity in advance. If the withdrawal is not made after the adjustment, the system will automatically execute the withdrawal and the relevant assets will be returned to your spot account.
2. The assets in the Market Making Account will be injected Into the liquidity pool for automated market making. When the price fluctuates, there will be impermanent losses, and the amount of the two assets will change when the liquidity is removed.
More details about impermanent losses
CoinEx Team
Apr 16, 2024