OKX plans to adjust some index components on August 26
According to the official announcement, in order to further enhance the market liquidity and index stability of each business line of leverage, delivery, and sustainability, and to prevent market risks, Ouyi 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 weighted according to the price of the new components and the new weights corresponding to each component. It is reported that the indices involved include BETH-USDT, BETH-ETH, BLUR-USD, and BLUR-USDT.
OKX reminds that due to the recent market volatility, when the index composition is adjusted, the marked price of the index and the corresponding leverage and contract market may jump. After the gear rules are adjusted, the maintenance margin rate of the user's position may increase. In order to prevent the forced position squaring caused by the rule adjustment, please reduce the actual leverage multiple through position squaring, position reduction, margin call, etc. in a timely manner to control risks.