The cryptocurrency exchange OKX has confirmed the removal of five altcoins from its spot trading services, effective June 4, 2025. The tokens affected by this decision include ZeroLend (ZERO), PARSIQ (PRQ), IQ (IQ), Artyfact (ARTY), and Samoyedcoin (SAMO). Market reactions were immediate, with notable price declines observed across these assets shortly after the news broke. Some tokens, however, managed to recover a portion of their losses in subsequent trading.
Official Announcement and Affected Trading Pairs
In an official statement, OKX specified the trading pairs slated for removal: ZERO/USDT, ZERO/USDC, PRQ/USDT, PRQ/USDC, IQ/USDT, IQ/USDC, ARTY/USDT, ARTY/USDC, SAMO/USDT, and SAMO/USDC. Additionally, the stablecoin pair USDT/USDC will also be delisted. The technical process is set to occur between 8:00 AM and 10:00 AM UTC on the specified date.
The exchange clarified that this decision stems from a routine review process, emphasizing that these assets no longer meet its stringent listing criteria. OKX maintains a policy of periodically evaluating all traded pairs to ensure market quality and protect user interests.
“To sustain a high-quality spot trading environment, we monitor all listed trading pairs and reassess their qualifications periodically. In line with user feedback and our internal delisting framework, we are removing select pairs that fail to meet our standards,” the exchange noted.
Deposits for these tokens were suspended starting May 28, 2025, at 6:00 AM UTC. Users will be able to withdraw their holdings until September 4, 2025, after which these assets will become inaccessible via standard wallet functions. The exchange advised users that after delisting, affected holdings can be retrieved under the "Assets > Untradable assets" section.
Market Response and Price Volatility
The announcement triggered swift market reactions. Samoyedcoin (SAMO) recorded the most significant drop, falling nearly 15%. PARSIQ (PRQ) declined by approximately 9%, while ZeroLend (ZERO) and Artyfact (ARTY) each dropped around 4%. IQ token experienced a marginal decrease of 0.09%.
Despite initial downturns, some tokens demonstrated resilience. At the time of reporting, PRQ had recovered significantly, posting a 7.9% gain, while IQ also rebounded with a 0.4% increase. The other tokens showed moderate recoveries, though they remained below pre-announcement levels.
This type of volatility is common following delisting news, as reduced liquidity and limited market access often trigger short-term sell-offs. Similar patterns were observed recently when other major exchanges announced the removal of multiple tokens from their platforms.
For those interested in real-time market movements and trading strategies, you can track live price updates and analysis.
Understanding Exchange Delisting Procedures
Delisting is a standard practice in the cryptocurrency industry. Exchanges routinely assess projects based on trading volume, liquidity, development activity, regulatory compliance, and community engagement. Assets that fail to meet ongoing criteria are removed to maintain market integrity.
Investors should note that delisting does not necessarily reflect the fundamental value or potential of a project. It may relate to specific exchange policies or market conditions. However, diminished access to major trading platforms can impact liquidity and long-term visibility.
Risk Management for Traders and Holders
If you hold any of the affected tokens, consider the following steps:
- Monitor official communication channels from both the exchange and the project teams.
- Decide whether to sell, hold, or transfer assets to a self-custody wallet before withdrawal deadlines.
- Stay informed about alternative platforms where the token may still be listed.
- Review your overall portfolio allocation to mitigate concentration risk.
For a broader perspective on managing digital assets in dynamic markets, you can explore detailed investment guides.
Frequently Asked Questions
Why is OKX delisting these specific tokens?
OKX stated that the tokens no longer meet its listing standards, which include factors like liquidity, trading volume, and user interest. The exchange conducts periodic reviews to ensure quality and compliance.
What should I do if I currently hold these tokens?
You can trade them on OKX until June 4, 2025. After that, withdrawals will be supported until September 4, 2025. It’s advisable to move your assets to a private wallet or another exchange that supports them before the deadline.
Will the delisting affect the long-term value of these cryptocurrencies?
While delisting often causes short-term price declines due to reduced liquidity, long-term value depends on the project's fundamentals, adoption, and performance on other platforms.
How often do exchanges like OKX delist tokens?
Major exchanges periodically review and delist tokens that underperform or violate policies. This is a routine process to maintain market quality and protect users.
Can these tokens be relisted in the future?
Yes, if a token’s performance or compliance improves significantly, it may qualify for relisting. However, this depends on the exchange’s evaluation and policy at that time.
Where can I trade these tokens after they are delisted from OKX?
Some tokens may remain available on other exchanges. Check official project announcements or community channels for information on alternative trading venues.
In summary, OKX’s delisting decision aligns with its commitment to maintaining a robust trading environment. While market volatility ensued, some tokens showed recovery potential. Investors are advised to stay informed, manage risks proactively, and explore alternative platforms if necessary.