Dear Ouyi User,
To mitigate market risks and enhance your trading experience, Ouyi will systematically offline select perpetual contracts and leveraged trading pairs. Below are the detailed plans:
Perpetual Contract Trading
| Contract Name | Offline Time (UTC+8) |
|-----------------|-------------------------------|
| NCUSDT | July 4, 2025, 4:00 PM |
| SLEEFUSDT | July 4, 2025, 4:00 PM |
| KNCUSDT | July 4, 2025, 4:00 PM |
| ALPHAUSDT | July 4, 2025, 4:00 PM |
Key Notes:
- Trading halts at offline time; pending orders are canceled.
- Delivery price: Arithmetic mean of Ouyi Index one hour prior (adjusted if price manipulation is detected).
- Zero funding fee at delivery; no additional charges (e.g., handling fees).
- Risk Advisory: Market volatility may spike pre-offline—reduce leverage or close positions early.
- Post-delivery, accounts with positions >$10,000 face temporary transfer restrictions (lifts after 30 minutes).
- Historical records remain queryable; download via desktop order center for backup.
👉 Explore secure trading strategies
Adjusted Risk Control Parameters
- Price Limits: Rules adapt based on market deviations.
Leveraged Trading & Current Lending
| Coin Pair | Stop Borrowing Time (UTC+8) | Offline Window (UTC+8) |
|-----------------|-------------------------------|-------------------------------|
| STETH/USDT | June 30, 2025, 3:00 PM | July 3, 2025, 2:00–6:00 PM |
| SLERF/USDT | June 30, 2025, 3:00 PM | July 3, 2025, 2:00–6:00 PM |
| KNC/USDT | June 30, 2025, 3:00 PM | July 3, 2025, 2:00–6:00 PM |
| PRCL/USDT | June 30, 2025, 3:00 PM | July 4, 2025, 2:00–6:00 PM |
Critical Actions:
- Repay borrowed coins before offline to avoid forced repayment.
- Services pause during offline windows (~2 hours); market orders canceled.
⚠️ Risk Alert: Close positions pre-offline to prevent losses from forced repayments amid volatility.
Currency Discount Rate Updates
New Rates:
| Max Collateral (USD) | Discount Rate |
|----------------------|---------------|
| 0 | 0% |
Context:
Cross-currency margin accounts convert non-USD assets at discounted rates to balance liquidity risks.
⚠️ Warning:
- Discount rates taper to 0% during delisting.
- Maintenance margins may rise—manage risk via position adjustments or added collateral.
👉 Learn about margin management
FAQs
Q1: Why are these contracts being delisted?
A1: To reduce exposure to low-liquidity pairs and protect users from extreme volatility.
Q2: What happens to my active positions at offline?
A2: Positions auto-deliver at the calculated price; pending orders cancel.
Q3: How long do transfer restrictions last post-delivery?
A3: 30 minutes for accounts with >$10,000 positions.
Q4: Can I trade these pairs after offline?
A4: No—trading halts permanently for delisted pairs.
Ouyi remains committed to refining your trading ecosystem. For further assistance, contact support.
Ouyi Team
June 30, 2025
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