Due to the volatility of LUNA and the decimal restrictions of LUNA-PERP, WOO X will take the following preventive measures for LUNA-PERP:
- WOO X will suspend trading of LUNA-PERP at 05:00 PM (UTC) on May 12, 2022. All open orders will also be canceled at the same time.
- According to our guidelines for futures markets: ▶ Indices – WOO X, WOO X will immediately suspend the trading pair when the valid data for the index price is insufficient.
- After the suspension, WOO X will proceed with the delisting process. WOO X will settle all outstanding positions using the Settlement Value calculated as the average of the Mark Price (updated every second) between 05:00 PM UTC (exclusive) and 05:30 PM UTC (inclusive) on May 12m 2022.
- Updated: The Mark Price of LUNA-PERP for the settlement price is 0.0116.
Please prepare in advance and close any LUNA-PERP positions to avoid any potential loss.
- The spot and margin trading of LUNA will not be affected during and after the suspension and delisting of LUNA-PERP.
- Make sure you have closed your existing LUNA-PERP positions and canceled LUNA-PERP pending orders before the suspension.
※ Note: Users should be aware of the associated risks before trading. WOO X is not responsible for any losses resulting directly or indirectly from trading.
WOO X Team