Overview
In compliance with SingularityNET's official migration requirements, OKX will delist AGIX margin trading pairs and perpetual futures. This strategic decision ensures alignment with evolving market standards and project developments. Below are the detailed timelines and procedures for this transition.
Perpetual Futures Delisting Schedule
Key Dates and Procedures
| Perpetual Futures | Delisting Time (UTC) |
|---|---|
| AGIXUSDT | June 28, 2024, 8:00–9:00 AM |
- Position Settlement: All active positions will be delivered at the arithmetic average price of the OKX index calculated 1 hour before delisting.
- Order Cancellation: Open orders will be canceled post-delisting.
- Funding Rate Adjustment: Final funding rate at 8:00 AM UTC will be set to 0.
Risk Management Advisory
Due to potential market volatility, users are advised to:
- Reduce leverage or close positions preemptively.
- Note a 30-minute asset transfer restriction for accounts holding positions >$10,000 at delivery.
👉 Explore OKX’s risk management tools for proactive position adjustments.
Margin Trading Adjustments
Timeline for AGIX/USDT Pair
| Action | Time (UTC) |
|--------|------------|
| Cease Borrowing | June 26, 2024, 8:00 AM |
| Full Delisting | June 27, 2024, 9:00 AM |
- Loan Repayment: Users must repay borrowings before delisting to avoid forced repayment.
- Trading Suspension: Margin trading and flexible loans for AGIX/USDT will be suspended sequentially (~1 hour per pair).
⚠️ Warning: Extreme price fluctuations may occur. Close positions early to mitigate risks.
Discount Rate Revisions
AGIX Tier Adjustments
| Tier (USD) | Previous Discount Rate | Revised Discount Rate |
|------------|-----------------------|-----------------------|
| 0–50,000 | 0.5% | 0% |
| >50,000 | 0% | 0% |
Note: Discount rates reflect liquidity risk assessments in cross-margin accounts.
👉 Learn about OKX’s margin policies for optimized trading strategies.
FAQ Section
1. Why is OKX delisting AGIX futures and margin pairs?
This aligns with SingularityNET’s migration requirements to ensure platform compliance with project updates.
2. How will my open AGIXUSDT futures positions be handled?
Positions will be settled at the index price 1 hour pre-delisting. Abnormalities may prompt adjusted pricing.
3. Can I transfer assets immediately after delisting?
Accounts with >$10,000 positions face a 30-minute transfer hold post-delisting.
4. What happens to unpaid margin loans?
Forced repayment occurs if borrowings remain unpaid at delisting.
5. How are discount rates applied?
Rates adjust USD conversion values for collateral based on market liquidity risks.
6. Where can I back up my trading data?
Download reports via OKX’s Report Center post-delisting.
Final Notes
OKX remains committed to transparent transitions and user asset security. For further assistance, refer to OKX’s official announcements or contact support.
Last Updated: June 26, 2024