OKX announced plans to delist ZK leveraged and perpetual contracts on June 4

OKX released an announcement on the delisting of ZK coin pair leverage and perpetual contracts, which stated that the ZK coin pair leverage and perpetual contracts will be delisted from 4:00 to 5:00 pm (UTC+8) on June 4, 2024. When the contract is delisted, the contract trading will be stopped, all user orders will be canceled, and the arithmetic average of the Euro Index one hour before the delisting will be used as the delivery price of the delisted perpetual contract to deliver all user positions under the contract. If the index price is abnormally manipulated one hour before the delisting, the platform may adjust the final delivery price to a reasonable level for delivery according to the actual situation. The current funding rate at 4:00 pm on the day of delisting is 0 (so the funding fee for this period will not appear in the bill record), and no funding fees will be charged when delivering user positions, and no additional fees such as delivery fees will be incurred.