OKX Announces Delisting of LUNA, ANC, and MIR from Margin Trading, Savings, and Perpetual Contracts

Dear OKX Users,

To mitigate market risks, OKX will delist LUNA, ANC, and MIR from margin trading, savings products, and perpetual contracts. Below is the detailed schedule:

1. Margin Trading

OKX will implement the following steps:

1. Borrowing Suspension:

   • LUNA, ANC, and MIR borrowing will be disabled at 12:00 HKT on May 13, 2022.

2. Trading Halt:

   • Margin trading services for these pairs will pause at 20:00 HKT, with all open market orders canceled.

3. Auto-Repayment:

   • At 22:00 HKT, the system will enforce automatic repayment. Users with outstanding loans in LUNA/USDT, ANC/USDT, or MIR/USDT must repay manually before this time to avoid forced liquidation.

👉 Learn more about margin trading risks

Risk Notice: Due to high volatility, users are advised to close positions proactively before trading stops to minimize potential losses.

2. Perpetual Contracts

• Delisting Time: LUNAUSDT, ANCUSDT, and MIRUSDT perpetual contracts will be delisted at 16:00 HKT on May 13, 2022.

• Process:

  • Trading will halt, and all pending orders will be canceled.
  • Positions will settle at the arithmetic mean of OKX’s index price during the hour before delisting. If price manipulation occurs, OKX may adjust the settlement price fairly.

Key Details:

• Final funding rate: 0% (no fees charged).
• No additional交割 (delivery) fees.

Risk Control:

• Users should reduce leverage or close positions preemptively.
• Any insolvency losses will first deduct from the Insurance Fund, followed by Auto-Deleveraging (ADL) on profitable traders.

Post-delisting, users holding >$10,000 in positions will face a 30-minute transfer restriction. Historical orders and records remain accessible for download via OKX’s desktop platform.

3. Savings Products (余币宝)

• Subscription stops once borrowing is disabled.
• Existing holdings will be automatically redeemed and credited to users’ funding accounts after margin trading concludes.

FAQ Section

Q1: Why is OKX delisting these tokens?

A1: To protect users from extreme market volatility and associated risks.

Q2: Can I still trade these tokens on OKX after delisting?

A2: No, margin, perpetual contracts, and savings for LUNA/ANC/MIR will be discontinued. Spot trading may remain available unless otherwise notified.

Q3: How does auto-repayment work for margin loans?

A3: The system sells collateralized assets to repay loans if users don’t act by the deadline, potentially at unfavorable prices.

Q4: Where will my redeemed savings funds go?

A4: They’ll be transferred to your OKX funding account automatically.

👉 Explore OKX’s risk management tools

Note: All times are in HKT (UTC+8). For further assistance, contact OKX Support.

### **Keywords**:  
- OKX delisting  
- LUNA ANC MIR  
- Margin trading  
- Perpetual contracts  
- Risk management  
- Crypto savings  
- Auto-repayment