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X-Perps now live on OKX; UM Perps to be delisted on 20 May 2026

Published on 6 May 20262 min read
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USD Expiry Perpetuals ("X-Perps") are now available for trading in Singapore. They are settled in USD-equivalent currencies (USDC, USDG and USD), include a funding fee mechanism, and expire on a fixed date. Learn more in this article.

USDⓈ-margined perpetual futures ("UM Perps") will be delisted on 20 May 2026 at 4pm (UTC+8). Users with existing UM Perps positions are recommended to promptly close their positions ahead of the delisting date. Open UM Perps positions will be automatically closed 1 hour before the delisting. Please refer to this announcement for more details.

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