IOTA/USDT Perpetual Contract Delisting Announcement from HTX

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The cryptocurrency derivatives market is dynamic and ever-evolving, with platforms regularly adjusting their offerings to align with market demands and asset performance. In line with this, HTX (formerly Huobi) has announced the delisting of the IOTA/USDT USDT-margined perpetual contract. This move reflects ongoing efforts to streamline trading products and ensure platform stability and user protection.

This article provides a comprehensive overview of the delisting timeline, implications for traders, risk management recommendations, and what users should expect post-delisting — all while maintaining clarity and compliance with best practices in digital asset trading.

Delisting Schedule and Key Dates

HTX will officially delist the IOTA/USDT perpetual contract on August 15, 2025, at 16:00 (GMT+8). At this time, the contract will undergo final settlement and be removed from active trading.

All open positions in the IOTA/USDT contract will be automatically closed using the average index price over the 60 minutes preceding delisting. This method ensures a fair and transparent settlement process based on real market data.

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It's important to note that if the index price shows signs of manipulation or abnormal fluctuations during the final hour, HTX reserves the right to adjust the final settlement price to a more reasonable level. This safeguard protects users from potential market distortions during the closure phase.

Additionally, users will not incur funding fees or delivery fees on the day of delisting. All pending orders will be automatically canceled at the time of delivery, so traders are advised to manage their positions proactively before the deadline.

Risk Management Recommendations for Traders

As the delisting date approaches, market volatility for IOTA/USDT may increase significantly. Sudden price swings can amplify risks, especially for leveraged positions. To protect capital, HTX recommends that users take the following steps:

These proactive measures help ensure you're not caught off guard by unexpected price movements in the final trading hours.

In the event of underwater positions (i.e., liquidations leading to losses beyond margin), HTX’s risk management system will first use the insurance fund to cover any shortfall. If the insurance fund is insufficient, the remaining deficit will be shared among profitable accounts in that settlement cycle, proportional to each account’s gains — a standard practice known as loss sharing or auto-deleveraging.

While rare, this mechanism underscores the importance of understanding platform-level risk policies when trading perpetual contracts.

Post-Delisting Status and Data Availability

After delisting, the IOTA/USDT contract will enter a "suspended" status on HTX. It will remain visible for one week, after which it will be hidden from the trading interface. However, this change does not affect user assets.

Your USDT-margined account balance remains fully intact and unaffected by the delisting process. No funds will be locked, deducted, or automatically converted due to this update.

For record-keeping purposes, historical data including:

...will remain accessible via the web platform for seven days after delisting. Users who need to export or back up their transaction data are strongly encouraged to do so before the records are archived.

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Understanding Core Keywords in Contract Delisting

To improve clarity and search visibility, here are the core keywords naturally integrated throughout this article:

These terms reflect common search intents related to contract removals and help traders find accurate information during critical decision-making periods.

Frequently Asked Questions (FAQ)

What happens to my open IOTA/USDT position after delisting?

Your open position will be automatically closed using the average index price from the 60 minutes before delisting. You do not need to take manual action, but it's advisable to close early to avoid settlement risks.

Will I be charged fees during contract delivery?

No. There are no funding fees or delivery fees applied on the day of delisting. The settlement process is fee-free for all users.

Can I still view my trade history after the contract is hidden?

Yes. All historical data — including orders, trades, and financial records — remains available on the web platform for seven days after delisting. Be sure to export any needed information before it’s archived.

Does delisting mean IOTA is no longer tradable on HTX?

Not necessarily. Only the perpetual futures contract is being removed. Spot trading for IOTA may still be available depending on current listings. Always check the latest market offerings directly on HTX.

What is loss sharing, and could it affect my account?

Loss sharing occurs when an insolvent position causes losses beyond what the insurance fund can cover. In such cases, profitable traders in the same settlement cycle may have a portion of their gains used to offset the deficit. This is rare but possible in volatile markets.

How can I stay updated on future contract changes?

Regularly review official announcements on HTX’s support page or subscribe to platform alerts. Staying informed helps you react promptly to upcoming adjustments.

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Final Thoughts

The removal of the IOTA/USDT perpetual contract marks a routine adjustment in HTX’s product lifecycle management. While such announcements may prompt concern, they are typically driven by low trading volume, market demand shifts, or strategic portfolio refinement rather than negative sentiment toward the underlying asset.

Traders should use this as an opportunity to reassess their strategies, secure profits or limit losses, and prepare for future opportunities in other active markets.

By understanding settlement mechanics, leveraging risk controls, and preserving trading records, users can navigate delistings confidently and continue building resilient crypto portfolios.