To enhance market liquidity and improve user experience, OKX will delist the following perpetual futures and margin trading pairs:
Perpetual Futures Delisting Details
| Perpetual Futures | Delisting Time (UTC) |
|---|---|
| FITFIUSDT | August 22, 2024, 8:00 AM |
| BLOCKUSDT | August 22, 2024, 8:00 AM |
Key Actions Post-Delisting:
- All active orders will be canceled automatically.
- Positions will be delivered at the arithmetic average OKX index price between 7:00 AM and 8:00 AM UTC.
- Funding rates will be set to 0 at delisting, exempting final billing.
👉 Check OKX’s official announcement for real-time updates
Risk Management Tips:
- Reduce leverage or close positions early to mitigate volatility risks.
- Asset transfers exceeding $10,000 USD will be restricted for 30 minutes post-delisting.
Margin Trading Adjustments
| Trading Pair | Borrowing Halted (UTC) | Delisting Window (UTC) |
|---|---|---|
| FITFI/USDT | August 14, 2024, 6:00 AM | August 20, 2024, 7:00–9:00 AM |
| BLOCK/USDT | August 14, 2024, 6:00 AM | August 20, 2024, 9:00–11:00 AM |
Important Notes:
- Repay all borrowings before delisting to avoid forced repayments.
- Expect extreme price fluctuations; consider early position closures.
Discount Rate Updates
| Asset | Previous Discount Rate (≤$50K) | New Discount Rate |
|---|---|---|
| FITFI, BLOCK | 0.5% | 0% |
Cross-margin accounts will no longer apply discounts to FITFI/BLOCK holdings.
👉 Explore OKX’s margin trading features
FAQ
Q1: Why is OKX delisting these pairs?
A1: To optimize liquidity and ensure a seamless trading experience for users.
Q2: What happens to my open FITFIUSDT perpetual positions?
A2: They’ll be settled at the average index price between 7:00–8:00 AM UTC on August 22.
Q3: Can I trade these pairs after delisting?
A3: No, all trading and borrowing features will be disabled permanently.
Q4: How are forced repayments handled?
A4: Unrepaid borrowings will trigger automatic liquidation at delisting time.
Q5: Where can I find historical trade data post-delisting?
A5: Download reports via OKX’s Report Center.
Last Updated: August 14, 2024
OKX reserves the right to adjust terms based on market conditions.