OKX to Emergency Delist DUCKUSDT Perpetual Futures on September 19, 2025
OKX will remove the UXLINKUSDT perpetual contract from its platform, following a prior announcement to delist the DUCKUSDT contract, urging users to adjust their positions accordingly.
USDT
Summary
OKX has officially announced the delisting of the UXLINKUSDT perpetual futures contract on September 23, 2025, at 22:00 (UTC+8). This follows a previous announcement regarding the delisting of the DUCKUSDT perpetual futures contract, with users advised to manage their positions ahead of these changes to mitigate risks associated with potential market volatility.
Terms & Concepts
- Perpetual Futures: A type of cryptocurrency derivative contract with no expiration date, allowing traders to hold positions indefinitely.
- Funding Rate: A periodic payment exchanged between traders in perpetual futures markets to keep contract prices in line with spot prices.
- Index Price: A reference price calculated from multiple market sources, used to determine fair value for derivative settlements.