Dear XTers,
To protect against market risks and ensure a positive trading experience for our users, XT will automatically liquidate the USDT-M PUMPUSDT perpetual futures at 07:00 on June 9,2025 (UTC). During automatic liquidation, trading for this future will be suspended, and all user orders will be canceled. After the liquidation is completed, XT will delist the PUMPUSDT perpetual future.
- To protect user interests and mitigate potential risks under extreme market conditions, XT Futures may implement additional protective measures for the USDT-M PUMPUSDT Perpetual Futures without further notice. Potential protective measures include, but are not limited to, adjusting leverage and position limits (including the maximum leverage for each tier, position limits, maintenance margin rate), adjusting the funding rate (including the base rate, premium index, rate cap, settlement cycle). The time for re-listing will be announced separately.
- Starting from June 8, 2025, at 09:00 (UTC), users will no longer be able to open new positions for the USDT-M PUMPUSDT Perpetual Futures.
- Starting from June 8, 2025, at 09:00 (UTC), XT Futures will disable the API interface for the USDT-M PUMPUSDT Perpetual Futures.
Note: Please be advised that we highly recommend users close their positions prior to 07:00 on June 9, 2025(UTC) to avoid the automatic liquidation of their positions.
Thank you for your support!
XT Team
June 08, 2025
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XT reserves the right, at its discretion, to change, modify, or remove portions of the announcement at any time by posting the amended version on the website.