OKX Discontinues Leverage and Perpetual Contracts for DOME, CLV, and Other Trading Pairs

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Perpetual Contracts Trading

Contract NameDelisting Time
DOME-USDT PerpetualMarch 8, 2023, 16:00 (HKT)

Upon delisting:

๐Ÿ‘‰ Understand perpetual contract settlements

Risk Management Adjustments:

  1. Price Limit Rules:

    Time PeriodX (Initial)Y (Dynamic)Z (Cap)
    48h before settlement2%2%5%
    30m before settlement1%1%2%

Important Notes:


Leverage Trading & Flexible Loans

Trading PairBorrowing Halt TimeDelisting Time
DOME-USDTMarch 3, 2023, 14:00 (HKT)March 8, 2023, 14:00 (HKT)
CLV-USDT-March 8, 2023, 16:00 (HKT)
BADGER-BTC-March 8, 2023, 18:00 (HKT)

๐Ÿ‘‰ Manage your leveraged positions

Critical Reminders:

  1. System will force-repay loans if not settled before delisting (~1 hour process)
  2. Users advised to manually close positions due to potential market volatility

Discount Rate Adjustments

CoinPrevious Rate (โ‰ค$50k)New Rate
DOME0.50
CLV0.50
SWRV0.50

Cross-currency margin values now calculate these assets at 0% of USD value


FAQ

Q: Can I trade DOME after March 8?
A: No, all DOME-USDT perpetual and leverage trading will terminate at specified times.

Q: How does forced repayment work?
A: System automatically sells collateral at market price to repay loans if not settled manually.

Q: Why were discount rates reduced to 0%?
A: Reflects increased volatility and reduced liquidity risk for these assets.

Q: Where can I check historical trade data?
A: Desktop Order Center preserves records post-delisting (no mobile access).


OKX remains committed to providing exceptional trading products and services. For updates, monitor official announcements.