To enhance market liquidity and optimize user experience, OKX will delist the following perpetual futures and margin trading pairs:
1. Perpetual Futures Delisting Schedule
| Contract | Delisting Time |
|---|---|
| FITFIUSDT | August 22, 2024, 8:00 AM UTC |
| BLOCKUSDT | August 22, 2024, 8:00 AM UTC |
Key Actions:
- All active trades will be terminated.
- Order book entries will be canceled upon delisting.
- Positions will be settled at the arithmetic average price of the OKX index between 7:00–8:00 AM UTC.
👉 Risk management tips for volatile markets
Important Notes:
- Funding rate will be set to 0 at delisting.
- Users holding > $10,000 USD in positions at delivery time will face 30-minute withdrawal restrictions.
- Download trade history via OKX’s Report Center post-delisting.
2. Margin Trading Pairs Removal
| Pair | Borrowing Suspension Time | Delisting Window |
|---|---|---|
| FITFI/USDT | August 14, 2024, 6:00 AM UTC | August 20, 2024, 7:00–9:00 AM UTC |
| BLOCK/USDT | August 14, 2024, 6:00 AM UTC | August 20, 2024, 9:00–11:00 AM UTC |
Critical Steps:
- Repay loans before delisting to avoid forced liquidation.
- Expect extreme price volatility—close positions early.
3. Discount Rate Adjustments
| Asset | Previous Discount Rate (Tier) | New Discount Rate |
|---|---|---|
| FITFI | 0.5% (0–50,000 USD) | 0% |
| BLOCK | 0% (>50,000 USD) | 0% |
Note: Cross-margin USD valuations now apply stricter liquidity risk controls.
👉 Learn more about discount rates
FAQ
Q1: Why is OKX delisting these pairs?
A: To streamline liquidity and improve platform stability.
Q2: What happens to my open positions?
A: Perpetual futures will auto-settle; margin trades must be closed manually.
Q3: How are forced repayments triggered?
A: Unrepaid loans at delisting time will be liquidated at market price.
Q4: Can I trade these pairs elsewhere after delisting?
A: Check other exchanges—OKX no longer supports them post-delisting.
Q5: Will historical data be available?
A: Yes, download reports from the OKX platform.
OKX Team
Last Updated: August 14, 2024