Announcement Overview
OKX will delist selected perpetual contracts and leverage trading pairs as part of its routine risk management measures. The phased delisting aims to enhance user trading experiences and mitigate market volatility risks.
Key Delisting Details
1. Perpetual Contracts
| Contract | Delisting Time (UTC+8) |
|----------------|-----------------------------|
| MAXUSDT | April 8, 2025, 16:00 |
| KISHUUSDT | April 8, 2025, 16:00 |
| 1INCHUSD | April 8, 2025, 16:00 |
| GRTUSD | April 8, 2025, 16:00 |
Process:
- Trading halts at delisting time; all pending orders canceled.
- Final settlement price: 1-hour arithmetic average of OKX Index before delisting.
- No funding fees or additional charges applied during settlement.
User Actions:
- Reduce leverage or close positions preemptively to avoid volatility risks.
- Accounts with positions > $10,000 USD face a 30-minute transfer restriction post-delisting.
👉 Learn about OKX’s risk management policies
2. Leverage & Flexible Loans
| Trading Pair | Borrowing Halt Time (UTC+8) | Delisting Window (UTC+8) |
|----------------|----------------------------|------------------------------|
| MAX/USDT | April 1, 2025, 15:00 | April 7, 2025, 14:00–18:00 |
| SUSHI/USDC | April 1, 2025, 15:00 | April 7, 2025, 14:00–18:00 |
| SNX/USDC | April 1, 2025, 15:00 | April 7, 2025, 14:00–18:00 |
Note:
- Repay loans before delisting to avoid forced repayments.
- System-wide liquidation may occur if loans remain open.
3. Discount Rate Adjustments
MAX Discount Rate Changes:
Previous Structure:
| Tier | Max Collateral (USD) | Discount Rate |
|------|----------------------|--------------|
| 1 | 20,000 | 0.80 |
| 2 | 32,000 | 0.78 |
| 3 | 52,000 | 0.77 |
New Policy:
- Gradual reduction to 0% during delisting.
- Users advised to adjust collateral or close positions to prevent margin-call triggers.
👉 Review discount rate updates
FAQs
Q1: Why is OKX delisting these pairs?
A1: To manage market risks and optimize platform liquidity.
Q2: Will I be notified before forced liquidation?
A2: No—users must proactively monitor positions and deadlines.
Q3: Can I trade these pairs after delisting?
A3: No; all trading and borrowing functionalities cease permanently.
Q4: How is the final settlement price calculated?
A4: Based on the OKX Index’s 1-hour average pre-delisting.
Q5: Where can I access historical trade data?
A5: Download records via OKX Desktop Order Center pre-delisting.
OKX remains committed to delivering secure, user-centric trading solutions. For further assistance, visit our Support Portal.