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/USTRead 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.
Subscribe to ForkLog on YouTube!