OKX, one of many main cryptocurrency exchanges, has introduced the delisting of eight crypto tokens from its spot buying and selling platform, efficient June 20, 2025.
The choice was primarily based on the trade’s periodic overview of itemizing requirements. Furthermore, it has despatched most tokens right into a free fall. NULS (NULS) noticed the most important double-digit decline, whereas Nano (XNO) bucked the pattern.
OKX Delists 8 Altcoins
In response to the official announcement, the delisted tokens embrace Alchemix (ALCX), NULS (NULS), Measurable Information (MDT), BORA (BORA), Cortex (CTXC), Nano (XNO), Venom (VENOM), and DappRadar (RADAR). These cash will probably be faraway from buying and selling in opposition to the USDT and USD buying and selling pairs.
OKX cited its dedication to sustaining a safe and dependable buying and selling surroundings, stating that the tokens no longer meet its stringent itemizing standards.
“With the intention to preserve a strong spot buying and selling surroundings, we continuously monitor the efficiency of all listed buying and selling pairs and overview their itemizing {qualifications} frequently. Based mostly on suggestions from customers and the OKX Token Delisting / Hiding Guideline, we will probably be delisting a number of buying and selling pairs that don’t fulfill our itemizing standards,” the announcement learn.
The trade will delist the specified buying and selling pairs between 8:00 AM and 10:00 AM UTC on June 20, 2025. Furthermore, OKX urged customers to cancel any open orders associated to those pairs forward of the delisting, as any remaining orders will probably be mechanically canceled by the system. The cancellation course of could take between 1 and three enterprise days.
Deposits for the affected tokens have already been suspended on June 16, from 8:30 AM UTC. Withdrawals will probably be disabled beginning 8:00 AM UTC September 20, 2025.
The market response was swift and extreme, with NULS taking the toughest hit. The token plunged 41.8% in worth. Regardless of a slight restoration, it remained down 36.5% on the time of writing.
This decline shouldn’t be an remoted occasion for NULS, which has been going through important market headwinds. Over the previous 12 months, its worth has declined by 92.4%.
In the meantime, CTXC adopted with an 11.8% drop, however it additionally rebounded and minimized its losses to three.5%
RADAR and MDT skilled declines of 5.6% and 4.2%, respectively, whereas BORA and VENOM noticed extra modest losses of two.0% and 1.5%. Much like different tokens, these additionally confirmed some restoration as of press time.
On the time of writing, RADAR, MDT, BORA, and VENOM had been down simply 0.17%, 2.5%, 0.23%, and 0.79%, respectively.
Regardless of an preliminary 1.4% dip, ALCX noticed the strongest comeback and rose 0.8%. Lastly, OKX’s transfer didn’t impression XNO’s market efficiency. The altcoin’s worth continued climbing and was up 1.3% when writing.
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