OKX Announces Delisting of BADGER and X Leverage Trading Pairs

Dear OKX Users,

To mitigate market risks and provide a seamless trading experience, OKX will periodically delist certain leverage trading pairs. The scheduled delisting details are as follows:

1. Leverage Trading & Flexible Loans

OKX will suspend leverage trading and flexible loan services for the above pairs during the delisting period. All open orders will be canceled. The process takes approximately 2 hours per pair.

Action Required:

• Users with active borrowings/pledges must repay loans before delisting. Unrepaid loans will trigger automatic repayment.

👉 Risk Management Tips for Leverage Trading

Risk Warning:

Due to high market volatility, manually close positions before delisting to avoid losses during forced repayment.

2. Adjustment to Coin Discount Rates

Previous Rates: Refer to [Historical Discount Rates]
Updated Rates:

In cross-currency margin mode, assets in full-position accounts are折算为 USD value as collateral. Discount rates are applied based on individual coin liquidity to balance market risks.

Critical Update:

As part of the delisting process, discount rates for affected coins will gradually reduce to 0. This may increase maintenance margin requirements for collateralized positions. Users are advised to:

• Close/reduce positions
• Add collateral
• Monitor margin ratios

FAQs

Q1: What happens to my open BADGER/USDT orders?

A: All orders will be canceled automatically during delisting (June 5, 2025).

Q2: Can I still borrow X after June 2?

A: No. Borrowing halts at 03:00 PM (UTC+8) on June 2, 2025.

Q3: How does the discount rate reduction impact me?

A: Lower discounts decrease collateral value, potentially raising margin requirements. Proactively manage risk.

👉 Learn More About Margin Trading

OKX remains committed to delivering exceptional products and services.

OKX Team
June 2, 2025