TREE NEWS update: Liquid Network said its user swap function has been restored, with federation members able to use a semi-automated swap service. The Bitcoin sidechain operator added that asset peg and balance verification functions will also return to normal soon. The update follows a disruption to the network’s swap service, though no cause or timeline for full recovery was given.
Liquid Network restores user swap function; peg and balance verification to follow
The restoration of user swaps is the first concrete sign of recovery, but the fact that federation members are relying on a semi-automated service suggests the fix is partial rather than complete. That matters most for holders of Liquid-issued assets who depend on the peg mechanism for redemption confidence, since peg and balance verification remain pending. The absence of a stated cause leaves the durability of the fix unresolved. Whether full verification returns without further disruption is the open question worth tracking.
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