Dear CoinEx users,
According to the project's announcement, CoinEx will support the PSP (Paraswap) token swap and rename to VLR (Velora) at a ratio of 1:1. To ensure our user's asset security, deposit, withdrawal, and trading services of PSP will be suspended for a designated period. The details are as follows:
PSP Services
1. The deposit and withdrawal services of PSP will terminated at 03:00 on Sep 19, 2025 (UTC).
2. PSP/USDT trading pair, including spot grid and auto-invest plan will be delisted. All orders in this market will be canceled at 03:00 on Sep 19, 2025 (UTC).
VLR Services
1. Deposit: 08:00 Sep 19, 2025 (UTC)
2. Withdrawal: 08:00 Sep 19, 2025 (UTC)
3. Trading pair: VLR/USDT
4. Opening method: Call Auction
a. Call Auction
08:00-08:20 Sep 19, 2025 (UTC)
Orders can be placed and canceled
08:20-08:30 Sep 19, 2025 (UTC)
Orders can be placed but cannot be canceled
b. Trading
08:30 Sep 19, 2025 (UTC)
5. Service support: VLR/USDT supports AMM, Spot Grid, and Auto-Invest Plan.
PSP (ERC20) smart contract address
0xcafe001067cdef266afb7eb5a286dcfd277f3de5
VLR (ERC20) smart contract address
0x4e107a0000db66f0e9fd2039288bf811dd1f9c74
Attention
1. After completing the swap, deposits of PSP will NOT be credited to your account, so please confirm again before depositing.
2. During the suspended period, all unexecuted PSP orders will be systematically closed, and related assets will be returned to your spot account.
3. If there are any ongoing trading strategies, please make adjustments in advance. Otherwise, the trades will be terminated automatically at 03:00 on Sep 19, 2025 (UTC).
4. For more details, please refer to: https://x.com/VeloraDEX/status/1963256007594758416
Risk Reminder
Crypto products are innovative investment products with large price fluctuations as well as high investment risks. Therefore, please evaluate and invest wisely based on your risk tolerance and financial resources.
CoinEx reserves the right of final interpretation of this announcement.
CoinEx Team
Sep 18, 2025