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OKX to Delist USTC and LUNC Perpetual Contracts on September 18

OKX announces the delisting of several trading pairs and perpetual futures on September 18, 2025, to improve market liquidity and user experience, with adjustments to margin trading and flexible loan features.

USDT
LUNC

Summary

OKX will delist the USTCUSDT and LUNCUSDT perpetual contracts on September 18, 2025, and suspend the USTC/USDT margin trading pair on September 12 and 17, 2025. The platform also adjusts its risk control parameters, discount rates, and collateral options. Users are advised to close positions before delisting to avoid forced repayment and other risks. The changes are part of efforts to improve liquidity and user experience in the platform’s trading services.

Terms & Concepts
  • Perpetual Contract: A type of cryptocurrency derivative similar to a futures contract but without an expiration date, allowing traders to speculate on an asset's future price.
  • Margin Trading: A type of trading where users borrow funds to trade, using their crypto holdings as collateral to increase the potential return on investments.
  • Flexible Loan: A loan system on cryptocurrency platforms allowing users to borrow funds with flexible repayment terms, typically using crypto holdings as collateral.