Dear OKX Users,
To mitigate market risks and maintain optimal trading conditions, OKX periodically reviews and delists certain leveraged trading pairs. Below are the upcoming changes:
I. Leverage Trading & Flexible Savings Adjustments
Affected Trading Pairs & Schedule
| Trading Pair | Borrowing Suspension Time (UTC+8) | Delisting Window (UTC+8) |
|---|---|---|
| MEMEFI/USDT | 7:00 PM, May 7, 2025 | 2:00 PM - 6:00 PM, May 12, 2025 |
| VRA/USDT | 7:00 PM, May 7, 2025 | 2:00 PM - 6:00 PM, May 12, 2025 |
| NC/USDT | 7:00 PM, May 7, 2025 | 2:00 PM - 6:00 PM, May 12, 2025 |
| OL/USDT | 7:00 PM, May 7, 2025 | 2:00 PM - 6:00 PM, May 12, 2025 |
| ETC/USDC | 7:00 PM, May 7, 2025 | 2:00 PM - 6:00 PM, May 12, 2025 |
| LUNC/USDC | 7:00 PM, May 7, 2025 | 2:00 PM - 6:00 PM, May 12, 2025 |
Important Notes:
- Services will be suspended during delisting windows (~2 hours per pair)
- All open orders will be canceled automatically
- Users MUST repay borrowed assets before delisting to avoid forced settlements
👉 Secure your positions before delisting
II. Collateral Discount Rate Updates
Previous Rate Structure
MEMEFI:
| Tier | Max Collateral Amount | Discount Rate |
|---|---|---|
| 1 | 3,000,000 | 0.8 |
| 2 | 5,000,000 | 0.7 |
| 3 | 8,200,000 | 0.65 |
VRA:
| Tier | Max Collateral Amount | Discount Rate |
|---|---|---|
| 1 | 550,000 | 0.8 |
| 2 | 1,000,000 | 0.7 |
| 3 | 1,500,000 | 0.65 |
New Unified Structure
All affected coins (MEMEFI, VRA, NC, OL) will now follow:
| Max Collateral Amount | Discount Rate |
|---|---|
| 0 | 0 |
Key Implications:
- Cross-margin positions using these coins as collateral will see increased maintenance margin requirements
Users should proactively manage positions through:
- Position closures
- Reducing exposure
- Adding supplemental collateral
👉 Understand collateral adjustments
Risk Management Advisory
Market Volatility Warning:
- Recent price fluctuations may amplify risks during transition periods
- Manual position closures are strongly recommended
Forced Settlement Protocol:
- System will automatically repay outstanding loans at delisting time
- This may occur at unfavorable market prices
FAQ Section
Q1: Can I still trade these pairs after borrowing suspension?
A: Yes, until the delisting window begins. However, no new borrows will be permitted after suspension time.
Q2: What happens to my open orders?
A: All pending orders will be canceled automatically during delisting.
Q3: How does the 0% discount rate affect my positions?
A: These coins will no longer count as collateral, potentially triggering margin calls if alternative collateral isn't provided.
Q4: Where can I check updated margin requirements?
A: Monitor your account dashboard for real-time updates.
OKX remains committed to providing exceptional trading services and will continue optimizing our product offerings.
OKX Team
May 7, 2025
**Core Keywords:**
1. Leverage trading delisting
2. Collateral discount rates
3. OKX margin updates
4. MEMEFI/USDT suspension
5. Risk management crypto
6. Forced settlement protocol
7. Margin requirements