In order to mitigate market risks and enhance users' trading experience, AscendEX will remove the following Leveraged token and the related trading pairs from the platform: SWRV3L/USDT, SWRV3S/USDT.
What you need to know:
1.The platform will suspend trading and remove the affected trading pairs on August 12, 4:00 a.m. UTC. All pending orders will be canceled.
2.When delisting, the system will automatically liquidate and sell the leveraged tokens SWRV3L and SWRV3S held by users, and the executive price will be subject to the net value of the token at the time of actual liquidation (rather than the best bid). At that time, the corresponding asset (USDT) will be returned to the user's cash account.
Thank you for your continued support!
The AscendEX Team