OOY will delist several perpetual contracts and leveraged currency pairs in mid-to-late May

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PANews
05-14
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PANews reported on May 14th that according to OKX's announcement, in order to control market risks, the platform will delist 10 perpetual contracts including SUSHI/USDT, YFI/USDT, Non-Fungible Token/USDT on May 16th and May 21st, and will gradually delist 8 leveraged trading pairs and current lending services such as ELF/USDT, FOXY/USDT, and FLM/USDT on May 19th and May 22nd. The related contracts will be settled based on the arithmetic average price of the last hour, with no funding fees or handling fees during settlement. Additionally, the collateral discount rate for some cryptocurrencies will be adjusted to 0, and users should pay attention to liquidation risks and manage their positions in a timely manner.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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