Dear CoinEx users,
According to the project announcement, the FXS (Frax Share) will be swapped and renamed to FRAX (Frax). As a prerequisite for the token swap and rename, CoinEx will delist the FXSUSDT margin trading pair and linear contract on Jan 2, 2026 (UTC). The details are as follows:
Delisting Time
07:00 Jan 2, 2026 (UTC)
Delisting Timeline:
1. Futures Trading
- CoinEx will delist FXSUSDT linear contract at 07:00 on Jan 2, 2026 (UTC).
- The settlement price is: 0.6350 USDT
- After delisting, all submitted orders in the above markets will be canceled.
- For users holding positions of the above Linear Contracts, please close your positions in advance, or they will be automatically liquidated at 07:00 on Jan 2, 2026 (UTC).
- For details about Futures Trading, please click HERE.
2. Margin Trading
- The crypto loan service of FXS/USDT margin trading pair will be suspended on Dec 30, 2025 (UTC).
- CoinEx will delist FXS/USDT margin trading pair at 07:00 on Jan 2, 2026 (UTC).
- After delisting, submitted orders would be canceled, and the returned asset would be transferred from Margin Account to Spot Account.
- Users holding positions of the above margin trading pairs should close them in advance. If not, CoinEx will close them automatically at 07:00 Jan 2, 2026 (UTC), regardless of whether the Crypto Loan expires or not.
- For details about Margin Trading, please click HERE.
Risks Reminder
1. Futures trading is an innovative investment product, and we strongly suggest that all users evaluate the risks they can handle before participating.
2. Margin Trading not only allows you to magnify gains with fewer funds but can also saddle you with amplified losses when the market moves against you. Therefore, we strongly advise entry-level users not to use highly leveraged trading to avoid forced liquidation or even bankruptcy.
3. Crypto products are innovative investment products with large price fluctuations as well as high investment risks. Therefore, please evaluate and invest wisely based on your risk tolerance and financial resources.
CoinEx reserves the final right of interpretation of this announcement.
CoinEx Team
Dec 30, 2025