According to the official announcement, in order to further improve the market liquidity and index stability of leverage, delivery, and perpetual business lines and prevent market risks, OKEx plans to adjust some index components from 5:00 pm to 8:00 pm (UTC+8) on August 26, 2024. The adjusted index will be calculated based on the price of the new component and the new weight corresponding to each component. It is reported that the indexes involved include BETH-USDT, BETH-ETH, BLUR-USD, and BLUR-USDT.
OKX reminds that due to the recent market volatility, the adjustment of index components may cause the mark price of the index and the corresponding leverage and contract market to jump. After the adjustment of the gear rules, the maintenance margin rate of user positions may increase. In order to prevent forced liquidation caused by rule adjustments, please reduce the actual leverage multiple in time through closing positions, reducing positions, adding margin, etc., and conduct risk control.