Dear OKX Users,
To mitigate market risks and enhance trading experience, OKX periodically reviews and delists certain perpetual contracts and leveraged trading pairs. Below are the detailed delisting schedules:
Perpetual Contract Trading Delistings
| Contract Name | Delisting Time (UTC+8) |
|---|---|
| NCUSDT | July 4, 2025, 4:00 PM |
| SLERFUSDT | July 4, 2025, 4:00 PM |
| KNCUSDT | July 4, 2025, 4:00 PM |
| ALPHAUSDT | July 4, 2025, 4:00 PM |
Key Points:
- Trading will halt at delisting time; all pending orders will be canceled.
- Final settlement price: arithmetic average of OKX Index prices 1 hour before delisting.
- If index manipulation occurs, OKX may adjust the settlement price fairly.
- No funding fees or additional charges apply during settlement.
👉 Pro Tip: Reduce exposure before delisting to avoid volatility risks.
Post-Delisting Notes:
- Accounts with >$10,000 in positions face 30-minute transfer restrictions.
- Historical orders remain queryable; download records via desktop Order Center.
Adjusted Risk Parameters
- Price Limit Rules:
Dynamic adjustments may apply if prices deviate abnormally.
Leverage Trading & Flexible Savings Delistings
| Leverage Pair | Borrowing Halt Time (UTC+8) | Delisting Window (UTC+8) |
|---|---|---|
| STETH/USDT | June 30, 2025, 3:00 PM | July 3, 2025, 2:00 PM – 6:00 PM |
| SLERF/USDT | June 30, 2025, 3:00 PM | July 3, 2025, 2:00 PM – 6:00 PM |
| KNC/USDT | June 30, 2025, 3:00 PM | July 3, 2025, 2:00 PM – 6:00 PM |
Action Required:
- Repay loans before delisting to avoid forced repayments.
- Allow ~2 hours per pair for system processing.
⚠️ Risk Alert: Close positions manually to prevent losses during forced settlements.
Collateral Discount Rate Updates
Changes:
- Pre-delisting rates apply initially.
- Gradual reduction to 0% during delisting.
Impact:
- Margin requirements may rise for affected collateral.
Users should monitor positions and:
- Add margin,
- Reduce exposure, or
- Close risky trades.
👉 Explore OKX’s risk management tools.
FAQs
1. Why are these pairs being delisted?
To maintain market stability and align with liquidity assessments.
2. Can I trade these pairs after delisting?
No. All trading halts permanently at the specified times.
3. How is the settlement price calculated?
Based on OKX Index’s 1-hour average pre-delisting (adjusted if manipulated).
4. What happens to my active loans?
Repay before delisting; unpaid loans trigger automatic repayments.
5. Where can I access historical trade data?
Via desktop Order Center post-delisting.
OKX remains committed to delivering secure and innovative trading solutions.
OKX Team
June 30, 2025