OKX delists UST, LUNA, ANC and MIR

The cryptocurrency exchange OKX has suspended operations and delisted perpetual contracts and margin trading for LUNA and the Terra ecosystem tokens Anchor (ANC) and Mirror (MIR).

#OKX to delist margin trading, savings and perpetual for $LUNA, $ANC and $MIR.

— OKX (@okx) May 13, 2022

The platform will also delist UST-denominated pairs with Bitcoin, Ethereum, Avanalche (AVAX), Solana (SOL) and Terra (LUNA).

OKX will terminate the $UST trading market at 10:00 am, May 13 (UTC), and the following trading pairs will be delisted:

◾️BTC/UST
◾️ETH/UST
◾️LUNA/UST
◾️SOL/UST
◾️AVAX/UST

Read more: https://t.co/mvJk9tSrPk

— OKX (@okx) May 13, 2022

«Since the collapse of UST we are seeing a withdrawal of investments from DeFi protocols. The reality is that centralized exchanges provide a much higher level of protection for users», — Lennix Lai, OKX CEO, told CoinDesk.

Earlier on May 12, Binance delisted perpetual contracts on LUNA denominated in the base asset.

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