Crypto.com Exchange Is Supporting the Dai (DAI) Token Rebranding to USDS (USDS)

Please be informed that Dai (DAI) will be rebranded to USDS (USDS). Trading, deposits, and withdrawals of DAI on the Crypto.com Exchange will remain available until April 10, 2026 (‘Effective Date’), 02:00 UTC, after which they will be permanently suspended.

Existing DAI tokens will be converted to USDS tokens at a later date, at a 1:1 ratio according to the DAI balance in eligible users’ Spot Wallet on the Crypto.com Exchange at the time of the delisting. The following changes will also take place:

Deposits and Withdrawals

Deposits and withdrawals of DAI will be paused.

Spot Trading and Trading Bots

Open DAI Spot orders will be closed, and active trading bots will be automatically terminated after the Effective Date. Users are advised to settle all negative DAI balances, and any open positions will be closed by the Effective Date.

Over-the-Counter (OTC) Trading Suite

Open orders on the OTC Portal will be automatically terminated after the Effective Date.

Soft Lockup

From April 10, users will not receive any rewards for DAI.

A separate announcement will be made when the token migration is complete and when USDS trading, deposits, and withdrawals are enabled.

Please refer to status.crypto.com for all the latest updates.