Official Statement from the NESS LAB Team: Bybit’s Delisting of the NESS Token

Dear Community,

This is the NESS LAB team.

We would like to inform you that Bybit, one of the exchanges where the NESS token is listed, has decided to suspend trading support for the NESS/USDT market as of today.

NESS LAB has consistently met all requirements set forth by exchanges to ensure a stable trading environment. However, we regret to inform you that we received this notice of suspension from Bybit without a clear explanation regarding the reasons behind the decision.

NESS is the platform token of CoinNess, Asia’s largest crypto media and community platform. Since its introduction to CoinNess in 2023, NESS has accompanied the platform’s rapid growth, with CoinNess recording over 650,000 monthly active users and 200,000 registered community members — achieving a consistent monthly growth rate of over 20%.

However, we acknowledge that this remarkable growth has not been fully reflected in the market performance of the NESS token. To address this, NESS LAB is planning a full integration of the CoinNess platform with the NESS ecosystem to strengthen the utility and intrinsic value of the token. Starting from Q3 this year, we will also begin announcing a series of large-scale projects built around NESS.

Additionally, we are prioritizing listing on new major domestic and global exchanges to provide a more robust and accessible trading environment for our community.

Thank you for your continued support.

Sincerely,
NESS LAB Team