OKX to postpone delisting of ZK margin trading pair and perpetual futures

Published on May 31, 2024Updated on Jun 5, 20242 min read

The delisting of ZK margin trading pair and perpetual futures will be postponed. The details are as follows:
For the original announcement, please check: https://www.okx.com/help/okx-to-delist-zk-margin-trading-pairs-and-perpetual-futures

  1. Perpetual futures trading

    Futures name Delisting time
    ZKUSDT June 6, 2024, 8:00 am UTC
  2. Margin trading

    Margin trading pair Cease borrowing feature Delisting time
    ZK/USDT May 31, 2024, 6:00 am UTC June 5, 2024, 6:00 am - 14:00 pm UTC

OKX will suspend margin trading and flexible loan at the delisting times listed above and open orders for margin will be canceled. Each crypto pair will take around 1 hour to suspend. Users with borrowings or collateral of the above crypto pair in margin trading and flexible loan should make sure to repay before the delisting times. A forced payment will be triggered if unpaid borrowings remain due by the delisting time.
Please note: Prices may experience extreme fluctuations. To avoid losses caused by forced repayment, we recommend you stop trading the pairs listed above and close all underlying positions in advance.

  1. Adjustment of discount rate
    Crypto Before After
    Tier (USD) Discount rate Tier (USD) Discount rate
    ZK 0 - 50,000 0.5 0 0
    > 50,000 0

OKX team
May 31, 2024