OKX, a leading cryptocurrency exchange, has announced it will delist 16 trading pairs involving eight altcoins, effective June 20, 2025, due to low trading volume and liquidity shortages. The affected tokens are Alchemix (ALCX), NULS (NULS), Measurable Data Token (MDT), BORA (BORA), Cortex (CTXC), Nano (XNO), Venom (VENOM), and DappRadar (RADAR). Deposits for these assets were suspended on June 16, 2025, with withdrawals ending on September 20, 2025, providing ample time for users to manage their holdings.
The delisting decision follows OKX’s routine review of listing standards to maintain an efficient and liquid trading environment. The removed tokens failed to meet minimal sustained listing criteria, reflecting challenges around liquidity and market interest.
The market reaction to the announcement was swift and negative, with NULS suffering the most significant hit—a 41.8% plunge—in part reflecting its prolonged market weakness and over 90% decline in the past year. Other tokens such as CTXC, MDT, RADAR, BORA, VENOM, and ALCX also experienced price drops, though some showed slight recovery afterward. Notably, Nano (XNO) bucked the downtrend and gained during the event.
OKX urges users to cancel open orders before the delisting and warns of increased volatility, slippage risk, and potential illiquidity traps during the delisting window. The exchange’s move highlights growing rigor in token curation, signaling risks for assets with insufficient trading activity or practical use.