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sICX Review: Is It Safe to Hold Before ICON’s Shutdown? “

sICX represents a share of staked ICX and is described as automatically compounding staking rewards. But ICON says its network will shut down on December 31, 2026, so check the official migration and redemption instructions before acquiring or holding sICX.

By the SkyBitcoins review team · Updated

SkyBitcoins rating

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At a glance

sICX key facts

sICX key facts
TypeLiquid staking token for ICX
RewardsDescribed as automatically compounding
NetworkICON
ShutdownICON plans to shut down Dec. 31, 2026
TokensICX
Value locked$61.0K−77.7% 7d
Updated

sICX FAQs

What is sICX?

sICX is described as a token representing a share of a pool of staked ICX. Its staking rewards are said to accrue and compound automatically.

What happens to sICX when ICON shuts down?

ICON says the network will shut down on December 31, 2026, and that ICX holders should migrate before then. Check ICON’s current instructions for how this affects sICX and how to redeem or migrate it.

What are sICX fees and can I unstake it?

The project details here do not specify sICX fees, redemption terms, or an audit. Verify current costs and withdrawal steps before committing funds.

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How we checked

Sources

  1. defillama.com/protocol/sicx(opens in a new tab)

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