NuNet Opens NTX Claims for Cardano Holders, With Payouts on Ethereum

NuNet confirmed on November 14 that eligible holders of legacy NTX can claim replacement tokens. Cardano holders must submit their requests through a dedicated Cardano portal. Their replacement tokens will arrive on Ethereum, where NuNet issued the new NTX. Legacy Ethereum holders use a separate portal.

The launch follows a balance review that allowed holders to check the amounts recorded for their addresses and flag discrepancies. Eligible holders can now request their allocation. NuNet said users can still contact support about a missing address or an incorrect balance after the initial review period.

Entitlement goes back to a September Cardano block

The claim is based on a snapshot taken on September 19, 2026, at 19:34:11 UTC, shortly before the first unauthorized transaction identified by NuNet. The reference point for Cardano is block 13,962,205. Eligibility follows the balance credited at that cutoff. Buying legacy NTX afterward does not, on its own, give the buyer a claim.

The public snapshot lists approximately 388.9 million NTX as eligible on Cardano. That figure measures the allocation recorded for the network at the cutoff. The November 14 announcement did not disclose how many Cardano holders had submitted claims or how much of that allocation had been delivered.

The review also covered holdings associated with Ethereum, BNB Chain, and Base. The snapshot distinguishes between tokens held directly and balances attributed through protocol positions. For someone who deposited NTX in a DeFi protocol, the relevant record may be the position credited in the review. Some custodial positions were listed as unresolved. The announcement does not lay out a common procedure for every exchange or protocol that held NTX on behalf of users.

[NEWSBREAK]

Which portal a holder uses

NuNet chooses the claim route according to where the holder kept the legacy tokens. Someone whose eligible balance was recorded on Cardano uses the Cardano portal. Someone who held the Ethereum version uses the Ethereum portal. NuNet published the address of the replacement Ethereum contract alongside the opening notice so recipients can identify the asset.

The project had previously announced November 11 as its planned opening date. Its November 14 post confirmed that the portals were open. The two notices establish the planned date and the date of public confirmation. They leave the time of the first successful claim unspecified.

The opening notice identifies the portals and the relevant snapshot. It gives limited detail on how the Cardano portal verifies wallet control, how a claimant enters an Ethereum receiving address, or whether fees apply. For an incorrect or missing balance, NuNet directs holders to the support contact in the announcement. The project also said support would never initiate a private conversation about a claim or ask for a recovery phrase, private key, or token transfer.

NuNet has given no date for Cardano issuance

NuNet cited a secure release as its priority and said it could not currently offer the replacement token on Cardano. The opening announcement gave no timetable for issuing it there or making it available through a bridge. It also left open how completing a claim affects the legacy tokens recorded at the holder’s original address.

For holders whose position was attributed through a protocol or custodian, the next step depends on how the snapshot credited the balance. The project is still accepting reports of discrepancies, and the absence of a claim deadline gives those users time to resolve their records. For a direct Cardano holding already credited in the snapshot, the published route is available through the dedicated portal, with settlement under the replacement contract on Ethereum.