DipCoin Smart Contract System Upgrade Completion Announcement
DipCoin2 min read·Just now--
Dear DipCoin Users,
The smart contract system upgrade initiated by DipCoin on April 22 at 06:30 (UTC+0) has now been successfully completed. The platform has fully resumed normal trading operations.
1. Current Status
- Contract trading functions have been fully restored, and users can now trade as usual.
- All user positions have been preserved, and the system is operating stably.
2. Protection Window
To ensure the safety of user assets, the platform will open a 1-hour margin deposit and withdrawal buffer window starting at 09:30 (UTC+0):
- During this period, the liquidation mechanism will be suspended, and user positions will not be forcibly liquidated;
Users may, during this period:
- Adjust positions
- Add margin
- Perform risk management operations
After the buffer window ends (after 1 hour), the liquidation mechanism will be resumed.
Users are advised to manage their positions in a timely manner based on their individual risk conditions.
3. Gas Fee Optimization
In addition to improvements in trading performance, security, and system stability, this upgrade introduces significant optimization to on-chain Gas costs:
- Gas fees reduced from approximately 0.5 SUI to approximately 0.04 SUI
- Vault Deposit / Withdraw Gas fees reduced by approximately 92%
This optimization will effectively lower users’ on-chain operational costs and improve overall efficiency.
4. Notes
Due to differences between the test environment and the mainnet, certain Gas optimization effects could not be fully reflected in testing. The results above are based on actual performance on the mainnet.
Thank you for your support and trust in DipCoin.
DipCoin Team
April 27, 2026