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      KuCoin Will Merge VRAUP and SOL3S

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      Dear KuCoin Users,

      To provide a better trading experience for our users, KuCoin will merge the shares of the leveraged tokens VRAUP and SOL3S.

      The details are as follows:

      Leveraged TokenDateRatio
      VRAUP02:00 on May 12, 2025 (UTC)1,000,000:1
      SOL3S02:00 on May 12, 2025 (UTC)100,000:1

      1. Suspension of Subscription and Trading

      We will suspend the subscription and trading of VRAUP/USDT and SOL3S/USDT at 12:00 on May 11, 2025 (UTC), The subscription and redemption orders that have already been applied will not be affected.

      2. The Merger of Leveraged Token VRAUP and SOL3S

      At 02:00 on May 12, 2025 (UTC), all existing trade orders were canceled. We then take a snapshot of the VRAUP and SOL3S balance in the user's account and combine the VRAUP shares in the ratio of 1,000,000 = 1 and SOL3S shares in the ratio of 100,000 = 1.

      It is expected that the merger of the leveraged token VRAUP and SOL3S will be completed at 11:00 on May 12, 2025 (UTC). If the merger is completed ahead of schedule, we will open the trading for VRAUP/USDT and SOL3S/USDT accordingly. The subscription and redemption functions for VRAUP and SOL3S will also be opened at this time.

      Notes:

      1. KuCoin is going to adjust the price increment unit (API symbol: priceIncrement) of VRAUP/USDT and SOL3S/USDT after the merger.

      Trading pairCurrent price incrementNew price increment
      VRAUP/USDT8 digits 0.000000014 digits 0.0001
      SOL3S/USDT8 digits 0.000000014 digits 0.0001

      2. For API users, please be noted that the adjustments of price increment may result in errors when you place orders. If your trading pair is included in the list above, please adjust parameters properly to ensure the smooth transaction.

      Thanks for your support! ​

      The KuCoin Team


      Risk Warning:Leveraged Tokens investment (trade) is a risky one. By trading KuCoin Leveraged Tokens or using related services of KuCoin Leverage Tokens, you are deemed to have fully understood the risks of KuCoin Leveraged Tokens and agreed to assume all responsibilities of all and related trading or non-trading behaviours involved in your KuCoin account. KuCoin will not be liable to you for any loss that might arise from your use of Leveraged Tokens.

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