OKX performs Rebase on SPACEX pre-market contract and renames it to SPCX

Odaily Planet Daily News According to an official announcement, OKX performed a Rebase (proportional adjustment) on the SPACEXUSDT pre-market contract at 15:10 (UTC+8) on June 2, and simultaneously renamed the contract to SPCXUSDT. This adjustment aims to align the contract parameters from the estimated equity to the actual equity disclosed by SpaceX in its S-1 filing, with an adjustment ratio of 12.52 times.

It is reported that this Rebase will proportionally adjust user positions and pending orders, with the position value and account equity remaining unchanged in principle. During the adjustment period, order placement, modification, and cancellation services will be suspended for approximately 5 minutes, and some order types will be canceled and need to be reset. Additionally, after the contract is renamed, relevant API identifiers will be updated simultaneously.