MEXC Completes ZIL Migration to Zilliqa EVM, Deposits Resume Sep 8

Badal sharma
Badal sharma
Published:
Last Updated:
MEXC ZIL migration: Zilliqa EVM deposits resume. Sep 8, 2026

ZIL Migration News Today: MEXC Confirms EVM Switch Complete 

MEXC has completed the ZIL migration from the Zilliqa mainnet to the Zilliqa EVM network, the exchange confirmed in an official announcement. 

zillqa title image

Sources: official tweet by Zilliqa 

Tokens were swapped at a 1:1 ratio, and MEXC said ZIL deposits and withdrawals resume on September 8, 2026, at 10:00 UTC

This follows Zilliqa's own hard fork on September 2, 2026, which shifted exchange balances from the legacy chain onto its EVM network as part of a wider overhaul.

What Did MEXC Announce About the ZIL Migration?

MEXC's official announcement confirms the migration from the Zilliqa mainnet to Zilliqa EVM is complete. 

Old ZIL tokens are swapped 1:1 for the new EVM version, deposits for legacy tokens are no longer supported, and access resumes September 8, 2026, at 10:00 UTC on the exchange.

Why Is Zilliqa Going Through This Migration?

It traces back to a signing flaw in the Zilliqa Ledger application, which Zilliqa's official blog says the team disabled legacy transactions to contain on July 20, 2026

Rather than repair the older infrastructure, $Zilliqa chose to retire it entirely and move the network fully onto its EVM side.

On September 2, 2026, $Zilliqa executed a hard fork that reassigned ZIL balances at the protocol level for a first batch of ten exchange partners, including MEXC. 

$Zilliqa said each exchange would then need to complete its own testing before restoring deposits and withdrawals.

What Changes for ZIL Holders on MEXC?

Old ZIL tokens no longer support deposits on the exchange, and $MEXC will not process further swaps for legacy ZIL. 

Users are advised to confirm the token type before depositing, since the contract reference has moved to the $Zilliqa EVM block explorer.

Traders holding ZIL on MEXC do not need to take any action themselves, since the 1:1 swap already applied to exchange balances directly.

Is This the End of the Process?

MEXC's ZIL migration update covers only exchange-held balances on that platform.

Zilliqa's blog states a second hard fork is planned for mid-September 2026 to cover additional exchange partners, plus a self-custody migration tool, built on zero-knowledge proofs, for holders who keep ZIL in their own wallets.

$Zilliqa has also proposed a community vote on a token-supply adjustment to compensate holders affected by the earlier security incident, with details to be published on its governance portal once ready.

Expert Opinion

Market watchers note that $MEXC completing this step could ease near-term liquidity concerns for holders on the exchange, since deposits and withdrawals had been paused for weeks. 

Analysts caution that the broader rollout is not finished, with a second exchange batch and a retail self-custody tool still pending, meaning ZIL price action may stay tied to related headlines through mid-September 2026.

Disclaimer: This ZIL migration coverage is for informational purposes only and does not constitute financial advice. ZIL prices and exchange policies can change quickly. Always verify current deposit and withdrawal status directly through $MEXC and Zilliqa's official channels before making decisions.

Badal sharma

About the Author Badal sharma

English Blog Writer at coingabbar.com

I am Badal Sharma, a Crypto and Web3 Content Writer with professional experience in researching and writing about blockchain technology, cryptocurrencies, decentralized finance (DeFi), tokenomics, and emerging Web3 projects.

I specialize in transforming complex technical concepts and industry developments into clear, engaging, accurate, and reader-friendly content. My skills include SEO content writing, in-depth topic research, content optimization, and developing informative articles tailored to specific audiences and content objectives.

With a strong interest in the rapidly evolving Web3 ecosystem, I am committed to producing well-researched, high-quality content that delivers value to readers while aligning with SEO best practices and industry trends.

Leave a comment

Frequently Asked Questions (FAQ)

Faq Got any doubts? Get In Touch With Us