PancakeSwap has announced that its partner, APX Finance, will undergo a scheduled system upgrade on July 10, 2024, starting at noon UTC. The upgrade is expected to last approximately two hours.

📢 Attention PancakeSwap Perpetual UsersOur partner, APX Finance, will undergo a scheduled system upgrade on July 10, 2024, at 12:00 UTC. The upgrade will last approximately 2 hours.During this period, all deposits, withdrawals, and trading functions on PancakeSwap Perpetual… https://t.co/9xT7qRnyqA

— PancakeSwap v4|ETHCC 🇧🇪 (@PancakeSwap) July 9, 2024

All deposits, withdrawals, and trading functions on PancakeSwap Perpetual v1 and v2 will be suspended during the upgrade period. Users are advised to complete any necessary transactions before the maintenance begins.

Handling Open Positions

Users wishing to close existing open positions should do so before the maintenance starts. Any positions that remain open during the maintenance will be unaffected but can only be closed after the system upgrade.

This upgrade will not impact PancakeSwap DEX and other products. The maintenance is specific to the Perpetual platform managed by APX Finance. PancakeSwap will post progress updates on its social media channels. The team appreciates users’ understanding and patience during this period.