In order to improve market liquidity and improve the overall user experience, Blofin will delist several low-liquidity perpetual swaps and margin trading pairs. The details are as follows:
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Perpetual swaps
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Delisting time
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USDCUSDT
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Jun 12, 2023, 07:30 AM UTC
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XTZUSDT
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Jun 12, 2023, 07:30 AM UTC
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Blofin will delist these perpetual swaps and terminate the relevant trades. Relevant orders on the order book will also be canceled after the delisting.
Blofin will deliver all the USDCUSDT and XTZUSDT perpetual positions at the arithmetic average price of the corresponding Blofin index timed 1 hour prior to the delisting. If the index price displays abnormalities in the hour preceding the delisting, Blofin may adjust the final delivery price to a reasonable level for delivery.
The current funding rate at 7:30 AM UTC on the day of delisting will be 0, thus the funding fees for this period will not be included in the billing record.
Considering that the market may fluctuate sharply before delisting, please manage your risk level by reducing the actual leverage multiples or closing positions in advance.
Within the first 30 minutes after the delisting, if you hold positions greater than 10,000 USD in value in USDCUSDT,XTZUSDT perpetual contracts at the time of delivery, you will be restricted from transferring assets out of your trading account. Asset transfers will return to normal after 30 minutes.