OKX Delists 14 Trading Pairs to Mitigate Market Risks

OKX, a prominent cryptocurrency exchange, has announced plans to delist certain trading pairs for margin trading and perpetual swaps starting at the end of May. This decision is part of the exchange's ongoing efforts to mitigate market risks and enhance the trading experience for its users. The delisting process will be carried out in a phased manner, with specific timelines and procedures outlined for different types of trading pairs.

For perpetual contract trading, OKX will delist the CRVUSD, THETAUSD, and MANAUSD perpetual contracts on May 26, 2025, at 16:00 (UTC+8). During this period, the funding rate will be set to 0, ensuring that users' position settlements will not incur any funding costs or delivery fees. This move is aimed at minimizing potential market volatility that could arise from the delisting. Users are advised to manage their risks by reducing their effective leverage or closing positions early to avoid any adverse effects.

In addition to perpetual contracts, OKX will also delist several leveraged trading pairs between May 29 and June 2, 2025. The pairs slated for delisting include NFT/USDT, RON/USDT, VELO/USDT, RSS3/USDT, MAJOR/USDT, LOOKS/USDT, GLMR/USDT, PERP/USDT, J/USDT, CAT/USDT, and BAL/USDT. During the delisting period, leveraged trading and spot borrowing services for these pairs will be suspended, and all leveraged trading market orders will be canceled. Users are required to repay any borrowed funds before the delisting date to avoid system-enforced repayment measures.

This strategic move by OKX reflects the exchange's commitment to maintaining a stable and secure trading environment. By regularly reviewing and delisting certain trading pairs, OKX aims to protect its users from potential market risks and ensure a smooth trading experience. The exchange's proactive approach to risk management is likely to be well-received by traders who prioritize stability and security in their trading activities.