MUFEX
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  • What is MUFEX?
    • πŸ“–Overview
    • 🏦MUFEX's Decentralized and Trustless Approach
    • πŸ“ˆMUFEX Perpetual Trading System
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    • πŸ‘©β€πŸš€Onboarding
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    • πŸ””MUFEX Announcement
      • Notice on Upgrade and Adjustment of the Affiliate System
      • MUFEX Upcoming Delisting of Trading Pairs Reminder
      • MUFEX Notice: Delisting of Certain Trading Pairs
      • MUFEX Coin Pair Adjustment Notice
      • MUFEX is Upgrading MLP and Copy Trading Features
      • MUFEX to Discontinue MLP and Copy Trading Services
      • MUFEX Announcement: Notice on Delisting COMPUSDT and GMTUSDT Contracts
      • MUFEX Announcement: System Upgrade and Trading Suspension Notice Postponement
      • System Upgrade and Trading Suspension Notice
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      • Adjusting Parameters for Certain Contract Trading Pairs (2024/2/7)
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  2. MUFEX Announcement

MUFEX Announcement: Notice on Delisting COMPUSDT and GMTUSDT Contracts

Dear MUFEX Users,

In response to market changes and to optimize trading experience, MUFEX has decided to conduct an automatic liquidation of COMPUSDT and GMTUSDT USD-margined perpetual contracts at 09:00 (UTC+8) on June 1, 2024, and formally delist the aforementioned contracts upon the completion of liquidation.

Key Points:

  • Automatic Liquidation and Delisting Time: COMPUSDT and GMTUSDT USD-margined perpetual contracts will be automatically liquidated and delisted at 09:00 (UTC+8) on June 1, 2024.

  • Stop Adding New Positions: From 19:00 (UTC+8) on May 31, 2024, users will not be able to add new positions in the aforementioned contracts.

  • Suggested Actions: To avoid potential automatic liquidation, users are advised to voluntarily close their positions before the cessation of trading.

  • Risk Management Measures: MUFEX may implement additional risk protection measures to mitigate the impact of extreme market conditions. These measures may include, but are not limited to, adjustments to leverage, margin requirements, and funding rates.

Please stay updated with MUFEX announcements and make necessary trading adjustments in time.

Thank you for your continuous support and trust.

MUFEX Team

May 31, 2024

Disclaimer: The prices of digital assets are subject to high market risks and price volatility. Your investment value may fluctuate, and you may lose the amount you invest. You are solely responsible for your investment decisions, and MUFEX is not liable for any losses you may incur. Contract trading involves high market risks and price volatility, and in the event of adverse price movements, your entire margin balance may be liquidated. Past performance is not indicative of future results. Before trading, you should evaluate whether the investment products are suitable for you based on your financial circumstances and objectives, and consult your independent financial advisor if necessary. This document should not be considered financial or investment advice. For more details, please refer to the MUFEX Terms of Use and Risk Warning.

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Last updated 11 months ago

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