OKX will discontinue margin trading, savings, and perpetual swap services for LUNA, ANC, and MIR effective May 13, 2022. Below are the detailed timelines and procedures:
1. Margin Trading Delisting
Key Dates
- 04:00 am UTC (May 13, 2022): Borrowing for LUNA, ANC, and MIR will be disabled.
12:00 pm UTC (May 13, 2022):
- Margin trading for LUNA/USDT, ANC/USDT, and MIR/USDT pairs will halt.
- All pending market orders will be canceled automatically.
14:00 pm UTC (May 13, 2022):
- Forced repayments will occur for outstanding loans. Users must repay manually before this time to avoid automatic liquidation.
👉 Stay updated on OKX’s latest trading policies
2. Perpetual Swap Trading Removal
Delisting Schedule
8:00 am UTC (May 13, 2022):
- LUNAUSDT, MIRUSDT, and ANCUSDT perpetual contracts will be delisted.
- Active orders will be canceled, and positions settled at the index price average from the hour before delisting.
Important Notes
- Funding rates will reset to 0 at delisting.
- Price adjustments: OKX may revise the settlement price if index anomalies occur.
- Risk advisory: High volatility is expected—reduce leverage or close positions early.
- Withdrawal restrictions: Users holding >$10,000 in positions at settlement face a 30-minute transfer freeze.
3. Savings Product Suspension
- Savings subscriptions for LUNA, ANC, and MIR will pause once borrowing closes.
- All savings balances will be automatically redeemed to users’ funding accounts after margin trading ends.
FAQs
Why is OKX delisting these assets?
OKX periodically reviews trading pairs to ensure market stability and compliance. Low liquidity or regulatory concerns may prompt delistings.
Can I still withdraw LUNA/ANC/MIR after delisting?
Yes, transfers to funding accounts remain available unless affected by the 30-minute post-settlement freeze.
How are perpetual swaps settled?
Positions are closed using the index price average from the hour before delisting.
Where can I track historical orders post-delisting?
Access data via "Report Center" on OKX’s web platform. Download backups promptly.
👉 Explore OKX’s robust trading alternatives
Disclaimer: Dates and procedures are subject to change. Refer to OKX’s official announcements for updates.