OKX to delist futures for DOT, ADA, BCH

In light of recent market conditions, DOT, ADA and BCH futures liquidity has deteriorated. In order to avoid unforeseen market risks and improve the overall user experience, OKX will delist DOT, ADA and BCH futures contracts (including weekly, bi-weekly, quarterly, bi-quarterly contracts) at 8:00 am UTC on Feb 2, 2023. Relevant orders on the order book will also be canceled after the delisting.

OKX will deliver DOT, ADA and BCH futures contracts positions at corresponding contract's arithmetic average last traded price timed at 1 hour prior to the delisting.

If the traded price displays abnormalities in the hour preceding the delisting, OKX may adjust the final delivery price to a reasonable level for delivery.

Considering that the market may fluctuate sharply before the delisting, please manage your risk level by reducing the actual leverage multiples or closing positions in advance.

Within the first 30 minutes after the delisting, if you hold positions greater than 10,000 USD in value in DOT, ADA and BCH futures contracts at the time of delivery, you will be restricted from transferring assets out of your trading account.

Asset transfers will return to normal after 30 minutes. Order history and billings records will still be available after the delisting. If you need to backup your data, you may download it via Report Center on OKX web.

In order to ensure successful delivery of DOT, ADA and BCH futures contracts during the delisting, the following adjustments are made to our risk control parameters:

1) Adjustment of price limit rules

How the limit price is calculated:

Period	Highest Price Limit	Lowest Price Limit
Within 10 minutes of contract generation	Index *(1 X)	Index *(1-X)
10 minutes after contract generation	Min[Max(Index, Index (1 Y) Average premium over the 10 ten minutes), Index (1 Z)]	Max[Min(Index, Index (1-Y) Average premium over the past 10 minutes), Index (1-Z)]

Adjusted price limit rules: