Overview
Following SingularityNET's official migration requirements, OKX will delist the AGIX/USDT margin trading pair and AGIXUSDT perpetual futures. Below are the key dates and adjustments:
Perpetual Futures Delisting
| Contract | Delisting Time (UTC) |
|----------------|----------------------------------|
| AGIXUSDT | June 28, 2024, 8:00–9:00 AM UTC |
Key Actions:
- All active orders will be canceled post-delisting.
- Positions will be settled at the arithmetic average price of the OKX index 1 hour before delisting.
- Funding rates will be zero at 8:00 AM UTC on the delisting day.
👉 Manage your AGIXUSDT positions before delisting
Risk Management Tips:
- Reduce leverage or close positions early to avoid volatility.
- Asset withdrawals will be restricted for 30 minutes post-delisting if positions exceed $10,000 USD at settlement.
Margin Trading Adjustments
| Action | Time (UTC) |
|-----------------------|---------------------------------|
| Cease borrowing | June 26, 2024, 8:00 AM UTC |
| Full delisting | June 27, 2024, 9:00 AM UTC |
Note:
- Repay borrowings before delisting to avoid forced repayment.
- Prices may fluctuate sharply—close positions early to mitigate risks.
Discount Rate Updates
| AGIX Tier (USD) | Previous Discount Rate | Updated Discount Rate |
|------------------|-----------------------|-----------------------|
| 0–50,000 | 0.5% | 0% |
| >50,000 | 0% | 0% |
Why Discount Rates Matter:
In cross-margin mode, currencies are converted to USD value using discount rates to account for liquidity differences.
FAQs
1. What happens to open AGIXUSDT perpetual futures positions?
They’ll be settled at the index price 1 hour before delisting. Orders will be canceled automatically.
2. Can I withdraw assets immediately after delisting?
If your position exceeds $10,000 USD at settlement, withdrawals are restricted for 30 minutes.
3. How does forced repayment work for margin trades?
Unpaid borrowings will trigger automatic repayment at delisting.
👉 Visit OKX for real-time updates
Last Updated: June 26, 2024
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