Mass cancellation of a large number of margin trading pairs, execution to be completed in UTC time

In recent margin markets, multiple trading pairs have been targeted for service discontinuation. This change was officially implemented at 06:00 UTC on February 6, 2026, significantly impacting users. For traders residing in Japan, this implementation occurs at 3:00 PM JST (UTC+9) on the same day.

The trading suspension related to this matter affects both cross-collateralized and isolated margin accounts independently. Given the scale of the pairs being discontinued, this decision will have a substantial impact on the margin trading environment.

List of Major Trading Pairs Subject to Removal

Pairs removed from cross-collateralized margin include KNC/BTC, COTI/BTC, BAT/BTC, DUSK/BTC, RLC/BTC, GRT/ETH, GLM/BTC, and KAVA/BTC. Additionally, pairs removed from isolated margin include these plus JST/BTC and CTK/BTC, totaling 10 pairs.

This simultaneous removal at this scale significantly alters the traditional margin trading environment. Especially for users who used these tokens as collateral, quick position adjustments became an urgent necessity.

Important Deadlines for User Actions

Before implementation, new isolated margin borrowings were halted at 06:00 UTC on February 4, 2026, which is 3:00 PM JST on February 4. Subsequently, at 06:00 UTC on February 6 (3:00 PM JST), automatic position liquidations and the bulk cancellation of pending orders were executed.

A key point is that this process could take approximately three hours, during which users could not update their positions. For traders considering asset transfers or position closures, this period was critical for making important decisions.

Practical Impacts Faced by Traders

Users with outstanding debts faced certain restrictions. Specifically, transfers of assets exceeding collateral limits were restricted, and asset movements were only permitted within the scope of the owed amount.

Due to the immediate enforcement, many traders were forced to quickly adjust positions or transfer assets. Rapid market changes made such responses potentially lead to unexpected losses.

Meanwhile, trading on other margin pairs not subject to discontinuation remained available, and options to operate these tokens on different trading pairs were preserved. Flexible asset reallocation became a crucial strategy for traders to adapt effectively.