OKX to remove 16 trading pairs on June 20, 2025.Immediate market reactions expected after delisting.No direct leadership comments have been made public.
OKX confirmed it will delist 16 trading pairs, including ALCX/USDT, on June 20, 2025, from 8:00 AM to 10:00 AM UTC. This decision impacts traders globally with a temporary cessation of liquidity for the affected tokens.
This action is part of OKX’s ongoing asset review strategy, aiming to uphold stringent listing criteria. Market volatility is anticipated as the community prepares for potential price fluctuations.
OKX has announced the removal of 16 trading pairs, including notable DeFi and Layer 1 tokens, aiming to improve market stability. Affected tokens, such as ALCX and NULS, will see deposit suspensions from June 16, 2025, and withdrawal cessation in September. Traders are advised to cancel orders proactively, with the platform system canceling lingering orders, taking up to three business days.
In response to delisting, financial markets anticipate increased sell-offs, often resulting in declining liquidity and pricing for affected altcoins. The broader markets may experience temporary volatility as a major exchange support falters.
“We will delist the above-mentioned trading pair at 8:00 am – 10:00 am UTC on June 20, 2025. We advise users to cancel orders before delisting to avoid unnecessary losses. Any remaining orders will be canceled by the system, with the cancellation process potentially taking 1 to 3 business days.” – Star Xu, Founder & CEO, OKX
Did you know? Historical data indicate that past delistings on major exchanges like OKX often lead to short-term liquidity losses. This pattern repeats, as seen with previously delisted tokens experiencing sudden price drops due to decreased market support.
CoinMarketCap reports Alchemix (ALCX) currently at $8.14, with a market cap of $19,785,785 and no market dominance. Trading volume in the last 24 hours reached $1,953,428, a 67.71% increase. Over recent months, price changes highlight a 1.31% rise in 24 hours but a notable drop over 90 days.
The Coincu research team suggests potential further impacts, including ripple effects in market liquidity and trading volumes. Future regulatory and technological developments might affect asset recovery speed, though no immediate institutional responses are noted.
