Demex

Demex has launched pre-market trading for $PUMP perpetuals with up to 3x leverage. The new market is supported by the FOMO Perpetual Pool infrastructure. Key features: - Pre-market trading now live - Maximum 3x leverage available - Liquidity backed by FOMO Perp Pool - Traders earn dual rewards: Demex Credits and Points Access trading at [Demex Exchange](https://app.dem.exchange/trade/PUMP-PERP) This follows their successful December launch of $HYPE perpetuals which offers up to 20x leverage through the DeFi Perp Pool.

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.

The nLEND redemption platform is scheduled to launch on June 26, 2025. This launch follows a 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](https://blog.dem.exchange/nlend-redemption-platform-launch-update/). Please review the redemption guidelines before participating.

**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-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.