Pundi X Chain Will Remain Operational: Migration Update

We would like to share an important update regarding the previously announced sunset of Pundi X Chain and the full migration to Ethereum.

After further internal review and incorporating feedback from ecosystem partners, we have decided to defer the shutdown of Pundi X Chain.

Why This Decision Was Made

Since PUNDIX liquidity and listings are already on Ethereum, we can take additional time to validate the migration framework and ensure a smooth transition for remaining chain-level services, validators, and integrations.

No Impact on Pundi X Operations or PUNDIX Token

We would like to clearly emphasize that:

• Pundi X operations remain fully unchanged
• The PUNDIX token on Ethereum is completely unaffected
• No action is required from users at this time

All existing services, wallets, and Ethereum-based PUNDIX liquidity continue to function as normal.

Migration Plan Under Further Review

In parallel, we will be conducting a comprehensive assessment with a third-party provider to further review and validate the migration plan.

Once this assessment is completed, we will provide an updated timeline and clear guidance well in advance of any future changes.

Regarding the Previous Announcement

This update replaces the earlier announcement regarding the Pundi X Chain shutdown titled:

“Pundi X Chain Sunset and Full Migration to Ethereum by 1 March 2026.”

As a result:

• The previously stated shutdown date of 1 March 2026 is no longer applicable
• Migration, undelegation, and bridging actions described in that announcement are no longer required at this time

We appreciate the community’s understanding and continued trust as we take a careful and responsible approach to infrastructure decisions.

What’s Next

• Ongoing evaluation of the migration framework
• Independent third-party review
• Clear and timely communication before future changes, if any

We will continue to keep the community informed as more information becomes available.

Thank you for your continued support.

Pundi X Team

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