Cryptocurrency Exchange OKX has announced that it will remove several leveraged trading pairs from its platform to provide a secure trading environment for its users and reduce market risk. This decision was made according to the platform’s regular market assessment.
OKX has listed several leveraged trading pairs
Pairs and Schedules to Delete
OKX terminates trading pairs and associated forward lending services in accordance with the following schedule: RDNT/USDT, ID/USDT, AIDOGE/USDT, XCH/USDT, CSPR/USDT, CTC/USDT, and JOE/USDT, according to the following schedule:
- Debt processing deadline: July 23, 2025, 7:00pm
- Full registration period: July 30th-31st, 2025, 14:00-18:00
OKX suspends leveraged trading and lending services on these trading pairs and cancels related orders on these dates. Users must repay assets borrowed prior to these dates. Otherwise, the system will impose forced liquidation (automatic closure).
The exchange also reduces the discount rate on assets to zero. This means that when used as collateral, it will no longer count as a dollar equivalent.
Users are encouraged to review collateral to avoid forced liquidation and, if necessary, close positions, reduce leverage, or deposit additional collateral to manage risk.
Simple revenue and term lending services are also affected
The above assets will also be removed from simple acquisition and term loan products. Note that existing users of these services:
- When an asset is listed, a simple profit order will automatically reverse. The principal and profits are transferred to the user’s account.
- Debt orders must be manually closed before the assets are removed. Otherwise, the system automatically closes the debt.
In a statement, OKX said that these changes were intended to increase user transaction security and improve the quality of service of the platform.
*This is not investment advice.
