OKX to Delist YFII Spot Trading Pairs

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As part of an ongoing effort to maintain a secure, efficient, and high-performing spot trading environment, OKX regularly evaluates the performance and compliance status of all listed trading pairs. Based on user feedback and in alignment with the OKX Token Delisting and Hiding Guideline, we are announcing the removal of certain spot trading pairs that no longer meet our listing standards.

The affected trading pairs are:

This decision supports our commitment to offering only high-quality, liquid, and secure digital assets to our global user base.

Delisting Schedule and Key Dates

To ensure a smooth transition for all users, OKX has established a clear timeline for the delisting process:

πŸ‘‰ Stay ahead of market changes and manage your portfolio with confidence.

1. Suspension of YFII Deposits

Effective: February 21, 2024, at 08:00 UTC
From this time onward, deposits of YFII tokens will no longer be supported. Users are strongly encouraged to complete any pending deposits before this deadline to avoid delays or disruptions.

2. Delisting of YFII Trading Pairs

Execution Window: February 29, 2024, between 08:00 and 08:30 UTC
During this period, the YFII/USDC and YFII/USDT trading pairs will be officially removed from the spot market. All open orders associated with these pairs must be canceled by users prior to delisting. If not canceled manually, the system will automatically cancel any remaining orders. Please note that order cancellation processing may take 1 to 3 business days.

3. Suspension of YFII Withdrawals

Effective: April 29, 2024, at 08:00 UTC
After this date, withdrawals of YFII tokens will no longer be available. Users should plan accordingly and manage their holdings before the withdrawal deadline.

Once delisting is complete, users can still view their remaining YFII balances under Assets > Funding > Non-tradable Assets in their OKX accounts.

Why Does OKX Delist Trading Pairs?

Delisting is a standard practice across regulated digital asset platforms and is essential for maintaining platform integrity. OKX continuously monitors listed tokens based on multiple criteria, including:

Tokens that fail to meet these benchmarks may be subject to delisting or hiding to protect users from low-liquidity, high-risk assets.

YFII (Yearn Finance Improvement) was initially created as a community-driven fork of Yearn.finance (YFI), aiming to decentralize governance and enhance yield farming strategies. However, due to declining market activity, reduced trading volume, and limited ecosystem development in recent periods, YFII no longer meets OKX’s active listing requirements.

What Should Users Do Now?

If you currently hold YFII or have open positions in the affected trading pairs, it's important to take timely action:

  1. Cancel Open Orders – Before February 29, 2024, ensure all open orders are manually canceled to avoid automatic system cancellation.
  2. Withdraw Funds if Needed – If you plan to trade or store YFII elsewhere, initiate withdrawals before April 29, 2024.
  3. Monitor Your Portfolio – Keep track of your non-tradable assets section post-delisting for accurate balance visibility.

πŸ‘‰ Access real-time market data and make informed decisions before key deadlines.

Frequently Asked Questions (FAQ)

Q: Why is OKX delisting YFII trading pairs?
A: OKX delists tokens that no longer meet our standards for liquidity, security, or user demand. This helps maintain a healthy trading ecosystem and protects users from potential risks associated with low-volume or inactive assets.

Q: Can I still deposit YFII after February 21?
A: No. Deposits for YFII will be suspended starting February 21, 2024, at 08:00 UTC. Any deposits sent after this time may result in permanent loss of funds.

Q: What happens to my open orders after delisting?
A: All open orders for YFII/USDC and YFII/USDT will be automatically canceled by the system during the delisting window. It’s recommended to cancel them manually beforehand to maintain control over your trades.

Q: Will I lose my YFII tokens after delisting?
A: No. Your tokens will remain safe in your account and can be viewed under Assets > Funding > Non-tradable Assets. However, you must withdraw them before April 29, 2024, as withdrawals will be disabled afterward.

Q: Can I trade YFII on other platforms?
A: Possibly. While OKX is removing support, other exchanges may still list YFII. Always verify token availability and platform reliability before trading.

Q: How will I be notified about future delistings?
A: OKX sends email alerts and publishes official announcements on our platform and support center. We recommend enabling notifications in your account settings.

Commitment to a Secure Trading Environment

OKX remains dedicated to providing a transparent, secure, and user-focused trading experience. Our regular review process ensures that only viable, compliant, and high-demand digital assets remain available for trading. By removing underperforming tokens like YFII, we enhance overall market efficiency and reduce exposure to speculative or illiquid assets.

We encourage all users to stay informed about upcoming changes and manage their digital portfolios proactively.

For any questions regarding this update, please visit our Help Center or connect with us through your preferred channel.

Risk Disclaimer

The information provided in this announcement is for general informational and educational purposes only. Some content may originate from third-party sources and is not independently verified by OKX. This material does not constitute financial advice, investment recommendations, or an offer to buy or sell any asset.

Digital assets are highly speculative and subject to extreme price volatility. They may become illiquid at any time, and investors risk losing their entire investment. OKX does not guarantee the accuracy, completeness, or reliability of any information presented here. Users are solely responsible for their trading decisions and associated risks.

This announcement is not intended for individuals residing in jurisdictions where such information dissemination violates local laws or regulations.

For more details, please review the Terms of Service and Risk and Compliance Disclosure.


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Last updated: February 22, 2024