Demex Exchange Experiences RPC Node Connectivity Issues
Demex Exchange Experiences RPC Node Connectivity Issues
馃敡 Demex Down Again?
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.
鈿狅笍 PSA: Temporary Downtime on Demex Demex is experiencing connectivity issues with its RPC nodes. This affects activities done through the Demex UI. We're working towards restoring connectivity as soon as possible. Thank you for your patience.
nLEND Redemption Process Now Live
The nLEND redemption platform has launched, offering affected users a path to recover their assets. Here's the process: - **Step 1**: Users with Health Factor <1 must repay borrowed assets - **Step 2**: Claim nLEND tokens through Nitron platform - **Step 3**: Choose to redeem now or hold for potential higher value *Key Points*: - Redemption is optional; value can only increase - Only risky positions (HF <1) require repayment - Recovery efforts ongoing with full transparency Monitor redemption value at [DEM Exchange](https://app.dem.exchange/n-lend) *Important*: Once redeemed, you cannot participate in future higher-value redemptions.
nLEND Redemption Platform Launch Announcement
The nLEND redemption platform is scheduled to launch on June 26, 2025. This launch follows a necessary chain upgrade and extensive testing period. Key updates: - Platform goes live on June 26, 2025 - Includes new chain upgrade implementation - Complete code verification completed Users can find detailed information about the redemption process in the official blog post: [Launch Update](https://blog.dem.exchange/nlend-redemption-platform-launch-update/) *Important*: Review redemption guidelines before platform launch to ensure smooth conversion process.
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.
Axelar Network Withdrawal Service Interruption Update
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.