1) What is a perpetual futures delisting?
A perpetual futures delisting is the process by which Grvt removes a specific token's perpetual futures contract from the exchange. Once delisted, the contract is no longer available for new trading activity. Open orders are cancelled before the delisting takes effect, and any remaining open positions must be closed manually by the user using the Close Delisted Position function.
Grvt periodically reviews all listed perpetual futures contracts. The following factors are considered when assessing whether a contract should be delisted:
Trading volume and market liquidity
Network stability and resilience against security threats
Evolving regulatory requirements
Material changes to token supply, tokenomics, project ownership, team commitment, or development activity
Evidence of unethical conduct, fraud, or negligence by the project
2) What happens when a contract is delisted?
When a perpetual futures contract is scheduled for delisting, Grvt will announce the token and the exact delisting time in advance. Here is what to expect:
24 hours before delisting, the contract enters reduce-only mode. All open orders that are not reduce-only will be automatically cancelled at that point.
At the moment of delisting, the mark price is frozen at its last registered value. Open positions are not automatically closed — they will remain in your positions list.
After delisting, you must use the Close Delisted Position function (visible in your positions panel) to close any remaining positions. The closing price will be based on the last registered mark price at the time of delisting.
Before delisting, you can close your position normally via the trading page. After delisting, you must use the Close Delisted Position function to exit.
It is strongly recommended that you close any open positions before the scheduled delisting time if you wish to control your exit price. Once the contract is delisted, the closing price is fixed at the last registered mark price and you will need to use Close Delisted Position to settle your remaining exposure.
3) Delisting history
The table below lists all perpetual futures contracts that have been delisted from Grvt, ordered by most recent first.
Token | Scheduled Delisting Time (UTC) | Status |
VINE-PERP | 2026-04-28, 10:00 UTC | Upcoming |
MNT-PERP | 2025-12-02, 10:30 UTC | Completed |
AI16Z-PERP | 2025-11-06, 10:30 UTC | Completed |
All times are in Coordinated Universal Time (UTC). Please convert to your local timezone if needed.
4) FAQs
Q: Will my open positions be automatically closed at delisting?
No. Open positions on a delisted contract are not automatically closed. Your position will remain in your positions list after the delisting takes effect. You will need to use the Close Delisted Position function to manually close it. The closing price will be the last registered mark price at the moment of delisting — this price is frozen and does not change after the contract is removed.
Q: What happens to my open orders when a contract is delisted?
24 hours before the delisting, the contract enters reduce-only mode. At that point, all open orders that are not reduce-only will be automatically cancelled, and any margin reserved for those orders will be returned to your available balance. During the 24-hour window, you can still place reduce-only orders to close your position via the trading page before the delisting takes effect.
Q: Where does my margin go after I close a delisted position?
Once you use Close Delisted Position to close your position, your initial margin and any realised PnL will be credited back to your account balance. You can verify this in your account's transaction history.
Q: I had a position on a delisted contract. Where can I see the details after closing it?
After using Close Delisted Position, the trade record will be available in your account's trade history and transaction log. If you have questions about a specific closure, please contact the Grvt support team.