Duto the FIL-USDT perpetual contract on OKEX exchange has been volatile and has low liquidity recently. CITEX's FIL3L-USDT and FIL3S-USDT products are leveraged ETFs for holding the FILUSDT perpetual contract on the OKEX exchange. Larger leverage loss will occur when the underlying position of leveraged ETFs is volatile. In order to protect the rights and interests of users, CITEX will delist FIL3L-USDT and FIL3S-USDT products at 18:00 (UTC+8) on August 27, 2020.
Users who hold FIL3L-USDT and FIL3S-USDT products should sell FIL3L-USDT and FIL3S-USDT products before 18:00 (UTC+8) on August 27, 2020. For users who have not sold before 18:00 on August 27, 2020 (UTC) +8), we will settle the product held by the user to USDT on the average market price of the last 1 minute before the delisting.
Thanks for your understanding and support!