Dear CoinEx users:
To improve the market liquidity on the platform and promote the healthy development of the CoinEx Ecosystem, Automated Market Making (AMM) was introduced to CoinEx on February 3, 2021. Due to the active trading and sufficient liquidity in the following 46 markets, CoinEx will cancel the AMM function of these markets. The details are as follows.
Adjust Time
02:00, Jan 25, 2022 (UTC)
Adjust Markets
CELO/USDT, CELO/BTC, CELR/USDT, CHR/USDT, CKB/USDT, CKB/BTC, DYDX/USDT, EGLD/USDT, EGLD/BTC, GALA/USDT, IMX/USDT, IOST/USDT, IOST/BTC, IOTX/USDT, IOTX/USDC, IOTX/BTC, LPT/USDT, LRC/USDT, LRC/USDC, LRC/BTC, NFT/USDT, OCEAN/USDT, ONT/USDT, ONT/BTC, RVN/USDT, RVN/USDC, RVN/BTC, SAND/USDT, SAND/USDC, SKL/USDT, STORJ/USDT, STORJ/BTC, WAXP/USDT, WAXP/BTC, XEC/USDT, XEC/USDC, XEC/BCH, ZEC/USDT, ZEC/USDC, ZEC/BTC, ZEN/USDT, ZEN/USDC, ZEN/BTC, ZIL/USDT, ZIL/USDC, ZIL/BTC
Note
1. For liquidity providers in the above markets, please withdraw your liquidity in advance. If the withdrawal is NOT made after adjustment, it will be executed systematically, and the relevant assets will be returned to your spot accounts.
2. After the cancellation, these markets will be resumed as normal markets, and their transaction fee rate will also return to the normal rate.
3. For more information, please refer to Introduction to Automated Market Making (AMM).
4. CoinEx reserves the final interpretation of this announcement.
We sincerely apologize for any inconvenience caused.