Summary
The SpaceX (SPCX) perpetual contract on Grvt will be delisted on June 10, 2026 at 08:30 UTC. If you hold an open SPCX position, please close it manually before this time. Any position left open at delisting will stay on your account and must be settled manually via the Dust Position function, at a fixed price taken at delisting that does not track the market afterward. The contract will be relisted under a new name, SPACEX, at a later date.
Why this is happening
This is due to a change in SpaceX's IPO share count, which changes the underlying reference for the SPCX perpetual.
Key timeline
Time (UTC) | What happens |
Before June 09, 12:00 | SPCX trades normally. Close your position any time. |
From June 09, 12:00 Until June 10, 08:30 | SPCX trades would be reduce-only, only orders to reduce positions are allowed. |
June 10, 08:30 | SPCX is delisted. Trading stops. |
After June 10, 08:30 | User will have to close SPCX positions manually at the fixed settlement price |
Later date (to be announced) | SPACEX contract relisted for trading. |
What you need to do
Close your open SPCX positions before June 10, 2026 at 08:30 UTC. This is the only way to choose your own exit price and manage your own PNL.
What happens if you take no action
If you still hold an open SPCX position at 08:30 UTC on June 10, you will need to close at a fixed delisted price going forward. You will not be able to choose the exit level, and your entry price will not be adjusted to offset the corporate action. Closing manually beforehand puts that decision in your hands.
Relisting as SPACEX
After the corporate action settles, we will relist the contract as SPACEX so you can re-establish exposure to SpaceX price movements. The relist date will be shared in a separate announcement.