NFTperp Contracts Temporarily Suspended Due to Critical Bug

IconCryptoNewsTerminal Staff14 Jun, 2024

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NFTperp Contracts Temporarily Suspended Due to Critical Bug

NFT Perp, a decentralized exchange (DEX) for perpetual NFT futures, has reported a critical bug in the exchange contracts. The team has temporarily suspended all contracts while the issue is being investigated. This news comes shortly after the exchange launched its beta version in March 2023. NFT Perp allows traders to leverage up to 10x on NFT positions. The platform has quickly gained popularity due to its unique offerings and potential to reshape the NFT market. The team is working diligently to resolve the issue and restore full functionality to the exchange. In the meantime, all NFT Perp contracts have been paused to protect users' funds and prevent any potential losses. Regular updates on the situation will be provided through NFT Perp's official channels. The team encourages users to stay tuned for further announcements and to refrain from speculating or spreading rumors that could damage the platform's reputation.

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