Crypto derivatives platform CVEX has announced another delay to its highly anticipated Token Generation Event (TGE), pushing the launch to April 2025. This marks yet another postponement, leaving investors and community members divided on the project’s future.
In its latest statement, CVEX addressed its followers on X (formerly Twitter), stating that the delay is necessary to ensure the best possible market conditions for the token’s release. The team emphasized that they are working with tier-1 centralized exchanges (CEXs) and that infrastructure is fully ready, but they do not want to launch in an unfavorable market.
Official Statement from CVEX
CVEX reassured its supporters that this is not a setback but a “power-up”, promising a stronger launch in April 2025:
The team also hinted at “surprises on the way” for their supporters, though no specifics were provided.
Community Reactions: Divided Sentiment
The reaction to this announcement has been mixed, with both frustration and optimism evident across X posts and crypto forums.
On the bullish side, supporters believe that CVEX is making the right call by waiting for improved market conditions. Some users praised the team’s strategic approach, citing CVEX’s strong fundamentals and the platform’s already operational derivatives trading protocol.
Crypto analyst @Dillion_Empire posted:
“The wait for $CVEX will be worth it! The team is ensuring they launch under optimal conditions rather than rushing into a bad market.”
Others echoed this sentiment, pointing out that CVEX’s recent funding round of $7 million, backed by SALT, Fabric Ventures, and other notable investors, suggests long-term confidence in the project.
However, skeptics and frustrated investors see this as another red flag, highlighting multiple delays over the past year. Some community members fear that continued postponements might indicate deeper issues behind the scenes.
User @CryptoBearX expressed disappointment:
“Another delay? This is starting to feel like vaporware. Either launch or stop wasting our time.”
What’s Next for CVEX?
Despite the TGE delay, CVEX remains active in its product rollout. The platform has already launched its mainnet, offering high-leverage decentralized derivatives trading (up to 1000x leverage) and competitive trading fees.
Additionally, CVEX has been running an airdrop campaign, with 55% of allocations already distributed. The remaining portion is still available for users farming XP and participating in platform activities.
For now, the new TGE date is set for April 13, 2025, though many in the community remain skeptical until further confirmation.
Will the delay strengthen CVEX’s long-term prospects, or is it another warning sign? The coming months will be crucial in determining whether CVEX can maintain its momentum and deliver on its promises.
