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      OKX to delist BADGER and X margin trading pairs

      OKX's logo OKX

      In order to improve market liquidity and improve the overall user experience, OKX will delist several margin trading pairs. The details are as follows:

      1. Margin trading

      Margin trading pairs

      Cease borrowing feature

      Delisting time

      BADGER/USDT

      June 2, 2025, 7:00 am UTC

      June 5, 2025, 6:00 ~ 10:00 am UTC

      X/USDT

      June 2, 2025, 7:00 am UTC

      June 5, 2025, 6:00 ~ 10:00 am UTC

      OKX will suspend margin trading and flexible loan at the delisting times listed above and open orders for margin will be canceled. Each crypto pair will take around 2 hours to suspend. Users with borrowings or collateral of the above crypto pair in margin trading and flexible loans should make sure to repay before the delisting times. A forced payment will be triggered if unpaid borrowings remain due by the delisting time.


      Please note: Prices may experience extreme fluctuations. To avoid losses caused by forced repayment, we recommend you stop trading the pair listed above and close all underlying positions in advance.

      4. Adjustment of discount

      Before: please refer to Discount rates page

      After:

      Max collateral

      Discount rate

      0

      0



      Discount rates overview


      In multi-currency cross margin mode, different currencies in cross margin accounts can be converted into their USD value and used as margin. Due to significant differences in market liquidity of each currency, our platform calculates the actual USD value of certain crypto based on certain discount rates to balance market risks.


      Risk Warning
      : Due to market volatility, we will gradually reduce the discount rate to 0 for the above mentioned tokens. During this period, the maintenance margin rate for users using the above tokens as collateral may increase. To prevent forced liquidation due to such discount adjustments, we advise users to manage risk in a timely manner by closing positions, reducing positions, or adding margin.

      Learn more: Discount rates


      OKX team
      June 2, 2025

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