Perpetual Contracts Trading
The following perpetual contract will be delisted from OKX:
| Contract Name | Delisting Time |
|---|---|
| ZKJUSDT | April 30, 2025, 4:00 PM (UTC+8) |
Key Procedures During Delisting:
- Trading will cease at the specified time
- All pending orders will be canceled automatically
- Positions will be settled using the OKX Index arithmetic average from the hour preceding delisting
- No funding fees will be charged during final settlement
- No additional settlement fees will apply
👉 Learn about OKX's risk management policies
Important Notes:
Market volatility may increase prior to delisting - users should manage risk by:
- Reducing leverage ratios
- Closing positions in advance
- Accounts with positions >$10,000 USD equivalent will have asset transfers restricted for 30 minutes post-delisting
- Historical orders and billing records remain available for download after delisting
Margin Trading and Flexible Loans
The following margin trading pair will be discontinued:
| Trading Pair | Borrowing Suspension Time | Delisting Window |
|---|---|---|
| ZKJ/USDT | April 28, 2025, 11:10 AM (UTC+8) | April 29, 2025, 5:00-7:00 PM (UTC+8) |
Critical Actions Required:
- Users must repay all borrowed assets before delisting
- Outstanding loans will trigger automatic repayment
- System will cancel all margin orders during the process
Risk Warning: Volatile market conditions may increase liquidation risks during forced repayments.
Discount Rate Adjustments for ZKJ
Previous Rate Structure:
| Tier | Max Collateral | Discount Rate |
|---|---|---|
| 1 | 6,000 | 0.8 |
| 2 | 10,000 | 0.7 |
| 3 | 16,000 | 0.65 |
| 4+ | +10,000 per tier | -0.05 per tier |
Current Status:
- Discount rates will gradually decline to 0 during delisting
- Maintenance margin requirements may increase accordingly
Users should monitor positions closely and:
- Reduce exposure
- Add collateral
- Close positions proactively
👉 Understand cross-currency margin accounts
FAQ Section
Q: Why is OKX delisting ZKJ contracts?
A: Regular market risk assessments determine which products remain available to ensure optimal trading conditions.
Q: What happens to open positions at delisting time?
A: All positions will be automatically settled at the calculated settlement price.
Q: Can I transfer assets immediately after delisting?
A: Accounts with large positions (>$10K) experience temporary transfer restrictions for 30 minutes post-settlement.
Q: How does the discount rate change affect my margin position?
A: As rates decrease, your collateral value reduces, potentially requiring additional margin to maintain positions.
Q: Where can I access my trade history after delisting?
A: All historical records remain available for download via the desktop order center.
Q: What should I do if I have ZKJ loans?
A: Repay all borrowed assets before the delisting window to avoid forced repayment during potentially volatile conditions.