To enhance market liquidity and optimize user experience, OKX will delist select perpetual futures and margin trading pairs. Below are the key details:
1. Perpetual Futures Trading
| Perpetual Futures | Delisting Time |
|-------------------|----------------|
| RNDRUSDT | July 9, 2024, 8:00–9:00 AM UTC |
OKX will:
- Delist the perpetual futures and terminate related trades.
- Cancel all pending orders post-delisting.
- Settle positions using the arithmetic average price of the OKX index 1 hour before delisting.
Note:
- Funding rates will be set to 0 at 8:00 AM UTC on the delisting day.
- Market volatility may spike pre-delisting—manage risks by reducing leverage or closing positions early.
- Asset transfers out of trading accounts will be restricted for 30 minutes post-delisting if positions exceed $10,000 USD.
Risk Control Adjustments:
Price Limit Rules
| Timeframe | X | Y | Z |
|-------------------------|-----|-----|-----|
| 48 hours before delivery | 2% | 2% | 5% |
| 30 minutes before delivery | 1% | 1% | 2% |
2. Margin Trading
| Margin Trading Pairs | Borrowing Suspension | Delisting Time |
|----------------------|----------------------|----------------|
| RNDR/USDT | July 1, 2024, 8:00 AM UTC | July 8, 2024, 8:00–9:00 AM UTC |
OKX will:
- Suspend margin trading and flexible loans at the specified times.
- Cancel open margin orders.
- Trigger forced repayments for unpaid borrowings post-delisting.
Warning: Extreme price fluctuations are possible. Close positions early to avoid losses.
3. Discount Rate Adjustments
| Asset | Tier (USD) | Discount Rate |
|-------|------------|---------------|
| RNDR | 0–50,000 | 0.5 → 0 |
| >50,000 | 0 |
👉 Learn more about discount rates
FAQs
1. Why is OKX delisting RNDR trading pairs?
To improve liquidity and user experience by streamlining supported assets.
2. What happens to my open RNDR perpetual futures positions?
Positions will be settled at the index price 1 hour before delisting.
3. Can I transfer assets immediately after delisting?
Transfers are restricted for 30 minutes if holdings exceed $10,000 USD at delivery.
👉 Explore OKX’s trading options
Last updated: July 1, 2024