Dear OKX Users,
To mitigate market risks and ensure optimal trading experiences, OKX periodically delists poorly liquid contracts and leverage trading pairs. Below is the detailed delisting schedule:
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I. Perpetual Contracts Delisting
| Contract Pair | Delisting Time |
|---|---|
| DOMEUSDT | March 8, 2023, 16:00 (HKT) |
Key Delisting Procedures:
- Trading Halt: All open orders will be canceled automatically.
- Settlement Price: Based on the arithmetic mean of OKX’s index price during the hour preceding delisting.
- Funding Rate: Final rate set to 0; no fees incurred during settlement.
- Risk Control: Users are advised to reduce leverage or close positions preemptively to avoid volatility-related losses.
Note: Positions exceeding $10,000 USD will face a 30-minute transfer restriction post-delisting. Historical trade data remains accessible for download via desktop order centers.
Adjusted Price Limits Pre-Delisting:
| Timeframe | X (Price Band) | Y (Dynamic Adjustment) | Z (Max Deviation) |
|---|---|---|---|
| 48 hours before | 2% | 2% | 5% |
| 30 minutes before | 1% | 1% | 2% |
II. Leverage & Flexible Savings Delisting
| Trading Pair | Borrowing Suspension Time | Delisting Time |
|---|---|---|
| DOME-USDT | March 3, 2023, 14:00 (HKT) | March 8, 2023, 14:00 (HKT) |
| CLV-USDT | – | March 8, 2023, 16:00 (HKT) |
| ... (additional pairs listed in original) |
Critical Actions for Users:
- Repay outstanding loans before delisting to avoid forced repayments.
- Monitor market volatility and close positions manually if needed.
III. Adjustment of Coin Discount Rates
| Coin | Previous Discount Rate (≤$50K) | New Discount Rate |
|---|---|---|
| DOME | 0.5 | 0 |
| CLV | 0.5 | 0 |
| ... (full list in original) |
Purpose of Discount Rates:
In cross-margin mode, coin values are discounted to reflect liquidity risks, ensuring balanced collateral valuation.
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FAQ Section
Q1: Can I trade DOMEUSDT after delisting?
A: No. All trading and orders will be terminated at the specified delisting time.
Q2: How is the settlement price calculated?
A: It’s derived from OKX’s index price average during the hour before delisting.
Q3: What happens to my active loans in delisted pairs?
A: Unrepaid loans trigger automatic repayment, potentially at unfavorable rates.
Q4: Why are discount rates set to 0 for some coins?
A: This reflects heightened liquidity risks, making them ineligible as collateral.
Q5: Where can I access historical trade data post-delisting?
A: Use OKX’s desktop order center to download records.
OKX is committed to enhancing platform safety and user experience. For further assistance, contact our 24/7 support team.
Disclaimer: This content is for informational purposes only and does not constitute financial advice.