Bitfinex to Support the EOS (EOS) Token Swap and Rebranding to Vaulta (A)

Bitfinex will support the recently announced EOS (EOS) token swap and rebranding to Vaulta (A).

Token Swap and Rebranding

In order to facilitate this process, Bitfinex plans to suspend deposits and withdrawals of the following tokens from 10:00 AM UTC on 11/06/2025:

Permanent Closure (due to token swap)

• EOS (API: EOS) deposits and withdrawals

Temporary Suspension (to resume post-token swap)

• UNUS SED LEO on EOS (API: LES) deposits and withdrawals
• Tether USD (USDt) on EOS (API: TETHERUSS) deposits only
• CHEX on EOS (API: CHEX) withdrawals only

Note: As previously announced, Tether USD (USDt) on EOS withdrawals and CHEX on EOS deposits will remain closed and will not resume after the token swap. 

Any EOS deposits sent after the deposit closure at 10:00 AM UTC on 11/06/2025 may be lost and unrecoverable. 

Bitfinex intends to replace the balances of EOS tokens on the Bitfinex platform with balances of Vaulta (A) tokens at a 1:1 ratio (1 EOS: 1 A). This conversion rate has been specified by EOS. If you do not wish to have your EOS token balances replaced with Vaulta (A) token balances, please withdraw your EOS tokens prior to the closure of EOS withdrawals at 10:00 AM UTC on 11/06/2025.

After the completion of the token swap, Bitfinex intends to provide an update on when deposits and withdrawals of Vaulta (A) and the rest of the EOS based tokens listed above that are supported on our platform will be opened.

Customers are advised not to deposit Vaulta (A) tokens before an announcement is issued by Bitfinex confirming deposits are open. 

Spot Trading

Spot trading for the EOS/BTC, EOS/USD and EOS/USDt pairs will remain unaffected. After completion of the swap, all open orders in these pairs will become open orders for the new Vaulta (A) token. Please note that the UI symbol for Vaulta (A) tokens will be “A” while the API symbol will remain “EOS” after the token swap.

Closure of Margin Trading, Funding and Borrow Function

From 10:00 AM UTC on 11/06/2025, Bitfinex will disable margin trading on the EOS/BTC, EOS/USD and EOS/USDt pairs, as well as funding for EOS. 

From 10:00 AM UTC on 05/06/2025, customers will only be able to reduce their margin positions in EOS/USD, EOS/BTC and EOS/USDt pairs. We would like to remind our customers to cancel any open orders before 10:00 AM UTC on 11/06/2025. All remaining margin and funding orders will be cancelled, and all open margin positions will be force-settled on 11/06/2025 at 10:00 AM UTC. 

Customers who have used EOS as collateral to finance margin positions are reminded to replace this collateral with an alternative asset before 11/06/2025 at 10:00 AM UTC. Failure to do so may result in liquidation.

Borrowed EOS must be returned by 10:00 AM UTC on 11/06/2025. Any outstanding positions that remain open past this date will be forced-settled by Bitfinex. To learn more about how to return borrowed funds or claim positions, visit Bitfinex Knowledge Base.

Important Notes:

This announcement is not an offer to sell or a solicitation of an offer to buy EOS (EOS) token, Vaulta (A) token or any other cryptocurrency. Any purchase or sale of any cryptocurrency on Bitfinex will occur solely pursuant to the Terms of Use for Bitfinex at https://www.bitfinex.com/legal/exchange/terms.

Nothing in this post is financial, investment or other advice. Nothing in this post is an offer to borrow or lend or the solicitation, recommendation or endorsement of any course of borrowing or lending. Any references in this post to returns are only hypothetical and not guaranteed.

Forward-Looking Statements:

Certain statements in this announcement may be forward-looking in nature. The words “believe,” “expect,” “estimate,” “could,” “should,” “intend,” “may,” “plan,” “seek,” “anticipate,” “project” and similar expressions among others, generally identify “forward-looking statements,” which speak only as of the date the statements were made. The matters discussed in these forward-looking statements are subject to a number of risks, trends and uncertainties that could cause actual results to differ materially from those projected, anticipated or implied in the forward-looking statements. None of Bitfinex nor any other person is responsible for updating or revising any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.