Dear user,

 

Since the futures hedging platform removed the futures products corresponding to the ralated leveraged tokens, in order to mitigate market risks and enhance users' trading experience, AscendEX will remove the following Leveraged token and the related trading pairs from the platform: KLAY3L/USDT, KLAY3S/USDT, KLAY5L/USDT, KLAY5S/USDT.

 

What you need to know:

 

1.The platform will suspend trading and remove the affected trading pairs on October 22, 3:00 p.m. UTC. All pending orders will be canceled. 

 

2.When delisting, the system will autoKLAYally liquidate and sell the leveraged tokens: KLAY3L, KLAY3S, KLAY5L, KLAY5S held by users, and the executed price will be subject to the net value of the token at the time of actual liquidation (When the futures hedging platform removed the futures products corresponding to the above leveraged tokens) rather than the best bid. At that time, the corresponding asset (USDT) will be returned to the user's cash account.

 

Thank you for your continued support!

 

The AscendEX Team

 

Website: https://ascendex.com

Twitter: https://twitter.com/ETF_Options

Telegram Group: https://t.me/AscendEX_Leveraged_Tokens