On Tuesday, 9 May 2023 at 12:00 UTC, we will delist four perpetual swap contracts. Please see the list below.
The contracts will be settled early at 12:00 UTC on 9 May 2023 ( “Tsettle”), according to the standard practice described in our Exchange Guide.
|
Contract to be delisted |
Settlement Price |
|
APTUSDT |
.BAPTT30M |
|
CROUSDT |
.BCROT30M |
|
FLRUSDT |
.BFLRT30M |
|
KLAYUSDT |
.BKLAYT30M |
The decision to delist these contracts has been made due to insufficient trading interest in these contracts.
The timeline for the delisting process will be as follows:
The contracts will trade as normal until 04:00 UTC on 9 May 2023 (“Tstart”).
At Tstart 04:00 UTC on 9 May 2023:
- The Funding Rate, F0,will be calculated as normal using prices from the previous eight hours
- After Tstart, the Funding Rate will no longer be calculated and the next Funding Rate set to 0
- The relevant Contract Specification pages will display early settlement information
At Tsettle 12:00 UTC on 9 May 2023:
- The relevant contracts will expire, all trading will cease, and all open orders will be canceled
- Funding, calculated using F0,will be exchanged (longs pay shorts if F0 > 0 and shorts pay longs if F0<0)
- All open positions in the relevant contracts will be closed out using the relevant Settlement Prices
- No fees will be charged for settlement
- Once a contract has expired, the lifetime profit and loss of that contract will be added to the user’s Bitcoin balance, and this contract will no longer appear on the Positions section
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In the meantime, if you have any questions please contact Support.