Perpetual Contracts Scheduled for Delisting
To mitigate market risks and enhance user trading experience, OKX periodically reviews and delists select perpetual contracts. The following contracts will be discontinued:
| Contract Name | Delisting Time (UTC+8) |
|---|---|
| J/USDT | June 5, 2025, 4:00 PM |
| SWEAT/USDT | June 5, 2025, 4:00 PM |
| PUFFER/USDT | June 5, 2025, 4:00 PM |
| MOVR/USDT | June 5, 2025, 4:00 PM |
| SUNDOG/USDT | June 5, 2025, 4:00 PM |
Delisting Process Details
- Trading Halt: All open orders will be canceled automatically.
Settlement Price: The arithmetic mean of the OKX Index price during the hour preceding delisting will determine the settlement price.
- Note: If price manipulation is detected, OKX reserves the right to adjust the final settlement price.
👉 Learn how perpetual contracts work
- Funding Rates: The final funding rate at 4:00 PM will be zero (no fees charged).
- Position Settlement: No additional fees (e.g., funding costs or交割手续费) will apply.
Risk Management Recommendations
- Reduce Leverage: Lower your position’s leverage to minimize volatility risks.
- Early Closeout: Consider closing positions before delisting to avoid last-minute price swings.
👉 Explore OKX’s risk management tools
Post-Delisting Rules
- Account Restrictions: Users with positions exceeding $10,000 USD will face a 30-minute transfer freeze post-settlement.
- Historical Data: Order history and bills remain accessible; download records via the desktop Order Center if needed.
Adjusted Risk Control Parameters
To ensure smooth delisting, OKX will modify:
- Price Limit Rules: Dynamic adjustments based on market conditions.
FAQ
Q: Why is OKX delisting these contracts?
A: To maintain market stability and protect users from high-risk assets.
Q: Can I trade these contracts after delisting?
A: No. All trading and positions will be settled permanently.
Q: How is the settlement price calculated?
A: It’s based on the OKX Index’s 1-hour average before delisting.
Q: Will I incur fees during settlement?
A: No funding fees or交割手续费 apply.
Q: How long do account restrictions last?
A: 30 minutes for users with >$10,000 USD in positions.
### Key SEO Keywords
1. OKX perpetual contracts
2. Contract delisting
3. SWEAT/USDT
4. MOVR/USDT
5. Risk management
6. Settlement price
7. Funding rates