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Nami Exchange supports token swap and rebranding of Fantom (FTM) to Sonic (S)
26/12/2024

Dear Nami Community,


As latest announcement from partner Binance, Nami Exchange would like to announce the support of the the Fantom (FTM) Token Swap and Rebranding to Sonic (S), details as described below:


1. Futures trading on NAO Futures:

  • At 2025-01-06 08:30 (UTC), Nami will suspend trading for the FTM/USDT and FTM/VNST. Please note that users are allowed to close any existing positions after this time.
  • At 2025-01-06 09:00 (UTC), Nami will close all positions, conduct an automatic settlement and cancel all pending orders on the FTM/USDT and FTM/VNST, and delist those contracts after the settlement is complete. Users are advised to close any open positions prior to above mentioned time to avoid automatic settlement.

2. Spot and Swap trading on Nami Exchange

  • At 2025-01-13 03:00 (UTC), Nami Exchange will suspend and delist all FTM/USDT and FTM/VNST spot and swap trading pairs and cancel all pending spot trade orders.
  • At 2025-01-13 03:30 (UTC), deposits and withdrawals of FTM will be suspended. Please ensure that you leave sufficient time for your FTM deposits to be fully processed prior to this time.

3. Nami Earn

At 2025-01-10 03:00 (UTC), Nami Earn will cease support for FTM Earn Pools, and subscriptions will no longer be available, all FTM balances from existing subscriptions will be automatically redeemed and credited to users’ Spot Wallets after 2025-01-10 03:00 (UTC). Users may also choose to redeem their assets from FTM Nami Earn Pools anytime before the aforementioned time.


4. Auto-Invest

Since 2025-01-13 03:00 (UTC), Nami Exchange will cease support Fantom (FTM) with Auto-Invest function, all auto-invest plans with FTM will not have buy orders executed. Users are strongly advised to adjust plans that include FTM assets before the aforementioned time.


5. Conversion's schedule and rate

  • After 2025-01-13 03:30 (UTC), Nami Exchange will recover all old FTM balances, and begin the distribution of new S to all eligible users at a ratio of 1 FTM = 1 S.
  • At 2025-01-16 08:00 (UTC), trading will open for new S/USDT and S/VNST spot and swap trading pairs.
  • Deposits with Sonic (S) will expectedly open at 2025-01-16 07:00 (UTC), Withdrawals will expectedly open at 2025-01-16 09:00 (UTC)

More information:


Note: Nami reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.

Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Nami is not liable for any losses that might arise from your investment. This information should not be regarded as financial or investment advice.


About Nami Exchange

Nami Exchange is a trading platform belonging to the Nami Foundation ecosystem that enables dynamic trading and effective investing through its Spot and Futures trading systems, which offer a wide selection of nearly 1,000 trading pairs, support leverage up to x125, and 24/7 live support in Vietnamese & English.
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