Crypto Gloom

KLAYUSD delisting | BitMEX Blog


October 29, 2024 12:00 UTC (“teasolve”), we will delist the KLAYUSD perpetual swap contract. Contracts will be settled early in accordance with standard practices set out in our Terms and Conditions. Exchange information.

As KLAY was transferred to KAIA, a decision was made to delist the contract.

to teasolve October 29, 2024 12:00 UTC:

  • The contract will expire, all trading will be halted and all open orders will be cancelled.
  • Funding, calculated using F0,is exchanged (where longs pay for shorts) F0 > 0 and shorts pay longs F0<0)
  • All open positions in the relevant contract will be closed using the relevant settlement price.
  • No fees are charged when making payment.
  • When a contract expires, the lifetime P&L of that contract will be added to the user’s Bitcoin balance and this contract will no longer appear in the Positions section.

If you have any questions regarding this notice, please contact us. apply.