Aevo Temporarily Suspends SWELL Trading for Maintenance on October 20

Announcement: SWELL Trading Suspension for Maintenance

According to Odaily, Aevo has announced a temporary suspension of SWELL trading set to occur on the X platform. This necessary maintenance aims to enhance the trading experience and ensure the accuracy of contract calculations.

Details of the Trading Suspension

The trading suspension is scheduled to commence on October 20 at 8:00 AM (UTC) and is expected to last for 30 minutes. Trading activities will resume at 8:30 AM (UTC) on the same day, so traders should ensure they plan accordingly to minimize any disruptions.

What to Expect During the Suspension

• The number of contracts will be recalculated.
• The marked price will be adjusted based on the correct total supply.
• No trades will occur during this maintenance window.

Importance of Maintenance

Such maintenance events are vital for the overall health of trading platforms. They not only fix existing issues but also help in recalibrating systems to reflect accurate market conditions. This ensures all users get a fair and smooth trading experience.

Preparing for the Resumption

Traders should be prepared for the market to reopen promptly at the scheduled time. It's recommended to check the platform's announcements and prepare any trading strategies beforehand. Being informed can give traders a competitive edge once trading resumes.

Conclusion

In summary, the temporary suspension of SWELL trading on Aevo is a proactive measure aimed at enhancing the trading environment. Traders are advised to take note of the maintenance window and plan their activities accordingly. For further updates, keep an eye on Aevo’s official channels.