Gate Will Not Support AXOL (AXOL) Token Swap and Will Delist Trading Market

According to the official announcement from the AXOL (AXOL) project team, AXOL (AXOL) has been swapped for new tokens at a 1:1 ratio based on a snapshot taken on March 28, 2025, at 22:00 UTC. However, the project team failed to provide timely notification of the snapshot and was unable to complete the new token airdrop within a short period. Despite multiple communications with the project team, Gate has been unable to reach a consensus with them regarding a 1:1 swap plan for token holders. As a result, Gate is unable to provide automatic swap services. We advise users holding old AXOL (AXOL) tokens to contact the project team directly about the swap process. We sincerely apologize for the inconvenience this may cause. We will delist the AXOL (AXOL) trading market, including the AXOL_USDT spot trading pair and quantitative grid trading services. After the delisting, we will continue to provide withdrawal services for one month.

Details:

1. Gate has suspended the deposit services for AXOL (AXOL).
2. Gate will disable trading services for AXOL (AXOL) before April 28, 2025, at 03:00 UTC, including the AXOL_USDT spot trading pair and quantitative grid trading services.
3. Users with ongoing quantitative grid trading of AXOL (AXOL) should adjust their trading strategies beforehand. Otherwise, the trades will be terminated automatically before April 28, 2025, at 03:00 UTC.
4. After the AXOL (AXOL) trading market is delisted, AXOL (AXOL) holders who do not wish to participate in our buyback must withdraw their tokens promptly to avoid losses.
5. After May 11, 2025, users who still hold AXOL (AXOL) on Gate can apply for our buyback by submitting a form. Gate will buy back AXOL (AXOL) at a price of 0.0001256 USDT per token, with a maximum compensation limit of 100 USDT per user.

Applications must be submitted between 16:00 UTC on May 11, 2025 and 16:00 UTC on May 18, 2025.
Form Link: https://www.gate.com/questionnaire/6575

Please note that AXOL (AXOL) tokens will be replaced by new ones. We strongly encourage users to withdraw their AXOL (AXOL) tokens promptly and contact the project team to complete the swap. We understand this transition may cause some inconvenience and sincerely apologize for any disruption caused. We promise to do our best to ensure a smooth delisting process and will provide timely updates as needed. Thank you for your support and trust in Gate . If you have any questions or need assistance, please feel free to contact our customer service team.

For more details about the swap, please refer to the project team’s official announcements: https://x.com/AxolOnSui/status/1906014232916918771

Withdraw AXOL (AXOL): https://www.gate.com/myaccount/withdrawAXOL

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