OKX
Verasity Delisting: OKX Removes Perpetual Futures for the Token
The Verasity Delisting announcement made headlines when OKX confirmed it was removing perpetual futures trading for the VRA token from its platform. According to an official notice, the VRA/USDT perpetual contract was delisted on May 13, 2025, at 12:00 am UTC, as part of a routine effort by the exchange to improve market liquidity and enhance the overall trading experience for users. It's worth noting that this change applied only to the perpetual futures market — spot trading for the token continued as normal, so holders were not blocked from buying or selling it through the exchange's regular market after the update took effect.
What Happened During the Delisting?
Perpetual contracts work a little differently from regular spot markets, so an exchange-driven removal comes with a few technical steps. Open positions were settled at the arithmetic average price of the relevant index, calculated over the hour leading up to the cutoff. The funding rate was reset to zero at the time of removal, meaning no additional funding fees were charged for that final period. To protect against sudden volatility, traders holding sizeable positions (above roughly $10,000) were temporarily restricted from withdrawing funds for about 30 minutes immediately following the shutdown, after which normal account activity resumed.
Why Did the Exchange Make This Move?
Exchanges periodically review which derivative products stay listed based on trading volume, open interest, and overall demand. When a contract sees thinning liquidity, keeping it active can actually work against traders by widening spreads and increasing slippage. Removing underused perpetual pairs is a standard housekeeping practice rather than a signal of any problem with the underlying project itself. In this case, the decision affected only the derivatives product tied to the token — it wasn't a judgment on the project's technology, its Proof of View system, or its broader ecosystem of tools built around ad verification and video engagement.
What This Means for Token Holders
If you were trading the perpetual contract, the most important thing was closing or managing open positions ahead of the cutoff, since new orders could no longer be placed once the delisting took effect. Anyone simply holding the token in a wallet, or trading it on the spot market, wasn't directly impacted by the change. If you'd like to track how the token has performed since then, you can check the live VRA price chart for up-to-date figures. As always with exchange announcements, it's worth checking official sources directly rather than relying on secondhand summaries, since delisting terms and dates can be updated or clarified after the initial notice.
Where to Get Verified Updates
For the exact terms of this removal, including settlement pricing and timing details, the original notice is published on the exchange's own help center: OKX's official delisting notice. For ongoing project updates and clarifications from the team behind the token, it's best to follow their official X (Twitter) account rather than relying on unofficial recaps.
In short: the delisting was limited to a single derivatives product on one exchange, driven by standard liquidity considerations, and did not affect spot availability or the underlying project's development.
