To enhance market liquidity and optimize user experience, OKX will delist specific perpetual futures and margin trading pairs. Below are the detailed timelines and procedures for this strategic adjustment:
1. Perpetual Futures Delisting Schedule
| Perpetual Futures | Delisting Time (UTC) |
|---|---|
| BONEUSDT | March 11, 2025, 8:00 AM |
| RACAUSDT | March 11, 2025, 8:00 AM |
Key Actions:
- All active trades will be terminated upon delisting.
- Order book entries will be canceled automatically.
- Positions will settle at the arithmetic average price of the OKX index 1 hour before delisting (subject to adjustment for price abnormalities).
👉 Stay updated on OKX trading updates
Risk Advisory:
Market volatility may intensify pre-delisting. Users are advised to:
- Reduce leverage exposure
- Close positions proactively
- Monitor maintenance margin requirements
2. Margin Trading Pair Removal
| Trading Pair | Borrowing Halt | Delisting Window |
|---|---|---|
| BONE/USDT | March 4, 2025, 7:00 AM UTC | March 10, 2025, 6:00-8:00 AM UTC |
| RACA/USDT | March 4, 2025, 7:00 AM UTC | March 10, 2025, 6:00-8:00 AM UTC |
Critical Notes:
- Margin trading and flexible loans will suspend during the delisting window
- Open orders will be canceled (~2-hour processing time)
- Repay outstanding borrowings before delisting to avoid forced repayment
3. Collateral Discount Rate Adjustments
Previous Structure:
BONE Collateral Tiers
| Tier | Max Collateral | Discount Rate |
|---|---|---|
| 1 | 3,500 | 0.80 |
| 2 | 5,800 | 0.78 |
| 3 | 10,000 | 0.77 |
RACA Collateral Tiers
| Tier | Max Collateral | Discount Rate |
|---|---|---|
| 1 | 10,000,000 | 0.80 |
| 2 | 18,000,000 | 0.78 |
| 3 | 28,000,000 | 0.77 |
New Policy:
All discount rates reduced to 0 effective immediately.
👉 Understand OKX risk management policies
FAQs
Why is OKX delisting these pairs?
To improve overall market liquidity and trading experience by focusing on higher-demand instruments.
What happens to my open positions?
Positions will be automatically settled at fair market value during the delisting process. Users receive settlement funds in their accounts.
How should I prepare for the delisting?
- Close active positions
- Repay outstanding loans
- Download trade history if needed
Can I still trade these pairs elsewhere?
These tokens may remain available on other exchanges, but OKX will no longer support them for margin or perpetual futures trading.
Will discount rate changes affect my margin ratio?
Yes, reduced discount rates increase maintenance margin requirements. Monitor your account to avoid liquidation risks.
Final Considerations
The OKX team recommends users:
- Regularly review platform updates
- Diversify collateral assets
- Utilize risk management tools
- Stay informed through official channels
Posted by OKX Team | March 4, 2025