According to the official plan announced by the Frax project, Frax Share (FXS) will be migrated to FRAX at a 1:1 ratio.
WOO X will not support this token migration and will therefore delist the following trading pairs:
- FXS/USDT
- FXS-PERP
Key Details:
Spot trading FXS/USDT and its wallet:
Cancel-Only Mode: The above pair will enter cancel-only mode on Jan 2, 2026, at 02:00 AM (UTC).
Trading suspension: Trading for the above pairs will be suspended on Jan 5, 2026, at 02:00 AM (UTC). All open orders will be automatically cancelled.
Deposit suspension: Deposit of the above tokens will be suspended on Jan 5, 2026, at 02:00 AM (UTC). Deposits made after this time will not be credited to WOO X. Users are strongly advised against depositing these tokens after Jan 5 at 02:00 AM (UTC) to prevent potential asset loss.
Withdrawal availability: Withdrawal of the above tokens will remain available until Jan 7, 2026, at 02:00 AM (UTC), after which wallet support for these tokens will be removed. Users are strongly advised to withdraw their tokens before this deadline to avoid asset loss.
Token swap: If users retain the aforementioned tokens on WOO X after Jan 7, 2026, at 02:00 AM (UTC), WOO X may swap them to USDT based on the market price during the token swap period. Please note that both the exchange and the exchange rate for converting delisted tokens to USDT are not guaranteed and will be at WOO X’s sole discretion.
Swap processing: The token swap will be processed and credited to respective accounts within 5 working days after the wallet service removal. This time frame is not guaranteed and may be extended at WOO X's discretion. Additionally, the swap will not be supported if the total value of a user’s tokens is less than 0.00000001 USDT.
Futures trading FXS-PERP:
Reduce-only mode: The above pair will enter reduce-only mode on Jan 2, 2026 at 8:00 AM (UTC).
Trading suspension & delisting: Trading for the above pair will be suspended on Jan 5, 2026, at 8:00 AM (UTC), followed by delisting at 9:00 AM (UTC). All pending orders will be automatically cancelled at the time of delisting.
Settlement Process: WOO X will proceed with the delisting process and conduct the settlement for existing positions. All outstanding positions will be settled based on the average index prices (updated every second) in the last hour before the delisting time.
PnL: After delisting, all unrealised PnL will be converted into realised PnL.
We strongly recommend that users adjust their positions accordingly in advance.
Important Note:
Users should be aware of the associated risks before trading. WOO X is not responsible for any losses resulting directly or indirectly from trading.
Further updates will be provided as necessary.
Thank you for your support.
WOO X Team