OKX to delist five USDⓈ-M perpetual contracts on June 12, 2025, with automatic settlement for open positions.

OKX announced it will delist five USDⓈ-M perpetual futures contracts—XUSDT, BSVUSDT, GUNUSDT, BRUSDT, and SWELLUSDT—effective June 12, 2025, at 08:00 UTC. Traders must close positions before the deadline or face automatic settlement at the index-average price. The delisting reflects liquidity and market risk concerns and affects only these specific derivatives, not spot trading of the underlying tokens. Positions exceeding $10,000 at settlement will face a 30-minute transfer restriction to prevent manipulation.