Cryptocurrency Exchange OKX has announced that it will remove the Uxlinkusdt pair from its futures trading platform to maintain market stability and reduce potential risk.
OKX removes UXLINKUSDT Permanent Contract
According to a statement made by the company, the contract in question will be closed on September 23, 2025.
The exchange warned that price volatility could increase towards deleting the contract. Users are advised to reduce leverage or closure positions in advance to reduce risk.
It was also stated that if a price deviation occurs near the end of the contract, the restricted price rules may be updated depending on the market situation.
OKX announces that users will not be charged any additional fees during the termination of the agreement, and funding fees will be calculated only based on the fees at the time of closing.
Once the transaction is finished, all open orders will be cancelled and the position will be settled based on the arithmetic average of the OKX index during the hour before the end. If an abnormal operation of the index price is detected, the replacement will make the necessary adjustments and determine a fair liquidation price.
Additionally, users with positions above $10,000 at the time of liquidation will limit the transfer of assets for 30 minutes. After this period, the transfer will be reactivated.
Once the contract is deleted, users will be able to access past orders and transaction records. OKX emphasized that this process will be carried out with extreme care to protect investors’ rights and ensure a safer trading environment on the platform.
*This is not investment advice.
