Stader Labs to Transition Token Redemptions in October
The firm will shift NearX and BNBx withdrawal processes to a verified claims system on October 29, 2026.
Updated on Oct. 28, 2026 in Investing
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Stader Labs is ending its smart-contract withdrawal route for NearX and BNBx tokens on October 29, 2026. Following this date, holders of these assets must utilize a new verified claims process to redeem their tokens.
Why it matters
This shift marks a fundamental change in how investors access liquidity for specific staked assets managed by the platform. By moving away from automated smart-contract withdrawals, the organization introduces a manual layer of verification for token redemptions.
The withdrawal rate for MaticX currently stands at 1.2002 POL per MaticX. While NearX and BNBx redemptions move to a manual claims process, MaticX withdrawals will continue to function through standard on-chain smart contracts.
The players
Stader Labs
Stader Labs is a multi-chain liquid staking platform that manages various tokenized assets and their respective redemption protocols.
The details
Stader Labs is retiring the direct smart-contract withdrawal method for its NearX and BNBx offerings. Users seeking to exit these positions will be required to navigate a verified claims process for their holdings starting at the end of October.
Timeline
Smart-contract withdrawals for NearX and BNBx end on October 29, 2026.
The new verified claims process for redemptions begins on October 29, 2026.
Market Dynamics
This transition shifts the operational reliance away from decentralized smart-contract withdrawal protocols. It mirrors a broader trend where platforms move from fully autonomous on-chain liquidity to manual governance for specific asset classes.
Investors holding NearX or BNBx must prepare for the removal of the instant on-chain withdrawal option after October 29, 2026. Those with MaticX positions are unaffected by this change and will continue to process withdrawals using the existing smart-contract rate.
The takeaway
Investors should review their portfolio exposure to NearX and BNBx ahead of the upcoming deadline to ensure they understand the new claims process. Maintaining awareness of shifts in redemption protocols is essential for managing liquidity in decentralized finance assets.
Further reading
Find more details on the Investing section of our platform.
Source note: This article includes information reported by TokenPost.
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