Binance Will Support the Syscoin (SYS) Network Upgrade & Hard Fork - 2025-04-07

2025-04-07 04:00

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

Starting at approximately 2025-04-06 23:30 (UTC), Binance will suspend the deposits and withdrawals of token(s) on the Syscoin (SYS) network to support its network upgrade and hard fork to ensure the best user experience. 

The network upgrade and hard fork will take place at the block height of 2,010,345, or approximately at 2025-04-08 00:30 (UTC).

Please take note of these key tokenomics change after this event:

  • Total and circulating supply may increase. Annual inflation may increase from 3.5% to a maximum of 10.79%.

  • Risk warning banner and pop-up notification will be displayed on the Binance trading page.

  • More information can be found here

Please note:

  • The trading of token(s) on the aforementioned network will not be impacted.

  • Binance will handle all technical requirements involved for all users.

  • Deposits and withdrawals for token(s) on the aforementioned network will be reopened once the upgraded network is deemed to be stable. No further announcement will be posted.

  • There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Thank you for your support!

Binance Team

2025-04-07

Note: This announcement was updated on 2025-04-07 to clarify the token’s total and circulating supply may increase. Annual inflation may increase from 3.5% to a maximum of 10.79%.

Trade on-the-go with Binance’s crypto trading app (iOS/Android)

Find us on 

  • Telegram

  • WhatsApp

  • X

  • Facebook

  • Instagram

  • Discord

Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Disclaimer: Digital asset prices are subject to high market risk and price volatility. 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 Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.