Axelar Network Withdrawal Service Interruption Update
Axelar Network Withdrawal Service Interruption Update
🔧 Houston, We Have Axelar
Axelar-based withdrawals are temporarily suspended on Demex. The technical team is collaborating with Axelar to restore services.
Key points:
- All user funds remain secure
- Issue is related to ongoing Polynetwork-Axelar migration
- Spot LP rewards remain paused during transition
- Fiat withdrawals continue to function normally
Platform stability and security remain the top priority during this maintenance period. Regular updates will be provided as the situation develops.
nLEND Conversion Date and Restitution Plan Announced
**Key Updates for Nitron Platform:** - nLEND conversion and redemption platform launch scheduled for **June 26, 2025** - Chain upgrade implementation requires additional testing period - Recovery tokens will be issued to affected lenders from previous exploit - Flexible redemption path provided for impacted users Platform is prioritizing thorough testing and verification of new code while maintaining commitment to user restitution. For detailed information: - [Launch Date Announcement](https://blog.dem.exchange/nitron-update-nlend-launch-date/) - [Restitution Plan Details](https://blog.dem.exchange/nitron-exploit-update-restitution-next-steps/)
Demex Exchange Resumes Operations After Technical Issues
Demex exchange has successfully restored full functionality after experiencing technical difficulties. The platform had previously faced issues with loading trading and blockchain data that affected multiple features including Trade, Markets, Nitron, and Pools sections. - All user funds remained secure throughout the downtime - Trading and blockchain data loading issues have been resolved - Users can now access all platform features normally Visit [Demex Exchange](https://app.dem.exchange/trade) to resume trading activities.
Demex Exchange Experiences RPC Node Connectivity Issues
Demex exchange is currently facing technical difficulties with its RPC nodes, impacting user interface functionality. This is the third reported downtime incident in 2025. Key points: - Trading and blockchain data loading affected - All user funds remain secure - Technical team actively working on resolution - Multiple UI features temporarily unavailable *Impact areas include:* - Trading interface - Markets display - Nitron functionality - Pool management Users should wait for official updates before attempting transactions. Normal service expected to resume shortly.
Final Call: rSWTH Unstaking Deadline Approaches
**Important Deadline**: March 31st is the final day to unstake rSWTH from StaFi Protocol. Key steps: - Unstake via [StaFi Platform](http://app2.stafi.io/gallery/cosmos/SWTH/?net=stafiHub&tab=unstake) - Wait 31 days for $SWTH to appear in StaFi Hub wallet - Return $SWTH to Demex for staking benefits *Critical Warning*: Failure to unstake before the deadline may result in permanently locked funds due to StaFi's transition to LSaaS. Take action now to secure your assets.