PANews reported on April 24 that according to the Upbit announcement, Synthetix (SNX) was listed as a trading warning asset by DAXA (Korea Digital Asset Exchange Association) because sUSD failed to stabilize the anchor of 1 US dollar and there was a risk of abnormal price. The deposit service of SNX was suspended from 15:00 (local time) on the same day. The platform will evaluate the asset and decide whether to extend the observation, lift the warning or terminate the trading support. If the risk is not completely resolved during the evaluation period, SNX may face delisting. The time for the resumption of deposit support will be notified separately.
SNX is included in the trading warning list by DAXA, Upbit suspends its deposit service for evaluation
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