Ted Hisokawa
Oct 23, 2025 08:36
OKX announces the delisting of several perpetual futures contracts, including TUSDT and SLPUSDT, to enhance market liquidity and user experience.
OKX, a leading cryptocurrency exchange, is set to delist several perpetual futures contracts as part of its strategy to improve market liquidity and enhance the overall user experience. The delisting is scheduled for October 24, 2025, at 8:00 am UTC, according to OKX.
Details of the Delisting
The perpetual futures contracts to be removed include TUSDT, SLPUSDT, OLUSDT, FLMUSDT, AVAAIUSDT, PERPUSDT, and DOGSUSDT. OKX has indicated that trading bots will begin to close out positions gradually within an hour before the futures are delisted. Users concerned about fees or slippage from these automatic closures have been advised to manually stop their bots. Orders present in the order book at the time of delisting will be canceled.
Impact on Trading and Risk Management
Positions in the relevant perpetual futures will be delivered at the arithmetic average price of the corresponding OKX index, calculated one hour before delisting. Should any anomalies arise in the index price during this period, OKX may adjust the final delivery price to maintain a reasonable level. Additionally, the funding rate at the time of delisting will be set to zero, meaning no funding fees will be charged for that period.
To manage potential market volatility leading up to the delisting, traders are advised to reduce leverage or close positions in advance. OKX has also stated that if a trader holds positions exceeding $10,000 in value at the time of delivery, asset transfers from their trading account will be restricted for 30 minutes post-delisting.
Post-Delisting Procedures
Once the 30-minute restriction period has elapsed, asset transfers will resume as normal. Traders will have access to their order history and billing records beyond the delisting date, with options to download data via the OKX report center.
OKX has also announced adjustments to risk control parameters to ensure the smooth delivery of the affected perpetual futures. Should the contract price deviate from the expected levels, price limits will be recalibrated to reflect market conditions.
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