Dear Ouyi User,
To mitigate market risks and enhance your trading experience, Ouyi will discontinue certain perpetual contracts according to the following schedule:
Perpetual Contracts Being Discontinued
| Contract Name | Offline Time (UTC+8) |
|---------------|------------------------------|
| SANDUSD | June 27, 2025, 4:00 PM |
| ALGOUSD | June 27, 2025, 4:00 PM |
| TONUSD | June 27, 2025, 4:00 PM |
Key Details
- Trading Halt: At the offline time, trading for these contracts will cease, and all pending orders will be canceled.
Position Settlement:
- Delivery price will be the arithmetic mean of the Ouyi Index one hour before offline.
- In cases of price manipulation, Ouyi reserves the right to adjust the final delivery price to ensure fairness.
Funding Fees:
- No funding fees will apply at 4:00 PM on the offline day.
- No additional fees (e.g., delivery handling fees) will be charged.
Risk Management Advisory
Market Volatility: Anticipate potential price fluctuations before offline. Manage risk by:
- Reducing leverage.
- Closing positions proactively.
Post-Offline Restrictions:
- Users with delivered positions exceeding $10,000 will face a 30-minute transfer restriction on all trading account assets.
Historical Records
- Commission and billing records for discontinued contracts remain accessible post-offline.
- Backup Tip: Download records via the desktop order center if needed.
Adjusted Risk Control Parameters
Price Limit Rules:
- Dynamic adjustments may apply to address contract price deviations.
๐ Explore alternative trading options to diversify your portfolio.
Ouyi remains committed to delivering superior products and services.
Ouyi Team
June 25, 2025
FAQs
Q1: Why is Ouyi discontinuing these perpetual contracts?
A1: To reduce market risks and optimize the trading ecosystem for users.
Q2: Will I incur fees during position delivery?
A2: No funding fees or additional charges will apply during settlement.
Q3: How can I access historical data after offline?
A3: Query records via the desktop order center; download backups as needed.
Q4: What happens if the index price is manipulated before offline?
A4: Ouyi may adjust the delivery price to reflect fair market conditions.
Q5: Are there alternatives for the discontinued contracts?
A5: Yes! ๐ Discover new trading opportunities here.
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