Dear OKX Users,
To mitigate market risks and ensure a seamless trading experience, OKX periodically reviews and delists select perpetual contracts. The upcoming delisting schedule is as follows:
1. Perpetual Contracts Trading
| Contract Name | Delisting Time |
|---|---|
| SANDUSD | June 27, 2025, 4:00 PM (UTC+8) |
| ALGOUSD | June 27, 2025, 4:00 PM (UTC+8) |
| TONUSD | June 27, 2025, 4:00 PM (UTC+8) |
Delisting Process:
- Trading will halt at the specified time.
- All pending orders will be canceled.
- Positions will be settled using the arithmetic average of the OKX index price from the hour preceding delisting.
(Note: If index manipulation is suspected, OKX reserves the right to adjust the final settlement price.)
Fee Adjustments:
- The 4:00 PM funding rate on delisting day will be set to 0 (no billing record generated).
- No funding fees or additional settlement charges will apply.
👉 Learn more about risk management strategies
2. Risk Control Measures
Users holding positions valued over $10,000 at settlement will experience a 30-minute transfer restriction across all account assets post-delisting.
Data Preservation:
- Historical orders and billing records remain accessible post-delisting.
- Download backup records via the desktop Order Center.
3. Adjusted Parameters
To facilitate smooth delisting, the following updates apply to these contracts:
- Price Limit Rules:
Dynamic adjustments may occur based on market conditions to prevent price deviations.
FAQ Section
Q1: Why is OKX delisting these contracts?
A1: To maintain market stability and optimize trading conditions by removing underperforming or high-risk instruments.
Q2: How is the settlement price calculated?
A2: It’s derived from the OKX index price average during the hour before delisting, with safeguards against manipulation.
Q3: Can I reopen positions after delisting?
A3: No, these contracts will be permanently unavailable for trading post-delisting.
Q4: Are there fees for position settlements?
A4: No funding fees or additional charges apply during this process.
OKX remains committed to enhancing product quality and user experience. For further assistance, visit our 👉 Help Center.
OKX Team
June 25, 2025
### SEO Keywords:
1. Perpetual contracts delisting
2. OKX trading updates
3. Cryptocurrency risk management
4. Contract settlement process
5. SANDUSD ALGOUSD TONUSD
6. Funding rate adjustments
7. Transfer restrictions