OKX Delists 8 Altcoins Including NULS and ALCX, Triggering Sharp Market Sell-Off

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Leading cryptocurrency exchange OKX has announced the delisting of eight altcoins, triggering sharp declines across several of the affected tokens. The move, attributed to a routine evaluation of trading standards, underscores the platform’s focus on maintaining a “robust and secure” trading environment.

According to the official statement, the tokens slated for removal include Alchemix (ALCX), NULS (NULS), Measurable Data (MDT), BORA (BORA), Cortex (CTXC), Nano (XNO), Venom (VENOM), and DappRadar (RADAR). These assets will be delisted from both USDT and USD trading pairs between 8:00 AM and 10:00 AM UTC on June 20, 2025.

“In order to maintain a robust spot trading environment, we constantly monitor the performance of all listed trading pairs and review their listing qualifications on a regular basis,” OKX stated, citing feedback from users and adherence to its delisting guidelines.

The exchange has already suspended deposits for the tokens as of June 16, and withdrawals will be disabled from September 20. Users have been urged to cancel open orders involving the impacted pairs; otherwise, they will be automatically removed by the system within 1 to 3 business days.

Market Fallout

The delisting announcement sparked a rapid market reaction, with NULS experiencing the steepest decline, plummeting 41.8% before stabilizing slightly to remain down 36.5%. This steep drop adds to the token’s long-term woes, as it has shed 92.4% of its value over the past year.

Cortex (CTXC) also faced a sharp 11.8% drop, later trimming its losses to 3.5%. RADAR and MDT fell 5.6% and 4.2%, respectively, but recovered to 0.17% and 2.5% declines by the time of reporting.

Meanwhile, BORA and VENOM suffered more modest impacts of 2.0% and 1.5%, with minor rebounds to 0.23% and 0.79%.

Interestingly, Alchemix (ALCX) managed to buck the broader downtrend. Following an initial dip of 1.4%, it rebounded to post a 0.8% gain, leading the pack in recovery.

The only outlier to avoid negative impact altogether was Nano (XNO). Unlike its peers, XNO recorded a 1.3% uptick, continuing a trend of independent performance.

Strategic Implications

OKX’s decision to delist these altcoins highlights the increasing pressure on projects to meet evolving exchange requirements around liquidity, compliance, and user interest. As centralized exchanges tighten their oversight, altcoins with low trading volume or diminishing relevance may face rising risk of removal.

Also Read: Pi Coin Accumulation Hits $14M on OKX — Could a Supply Squeeze Spark a Bull Run?

With user funds still recoverable until September 20, token holders have a limited window to manage their positions before withdrawal functions are fully disabled.

The sweeping delisting by OKX has rattled several low-cap altcoins, reaffirming the exchange’s no-tolerance policy toward underperforming or non-compliant assets. While some tokens showed signs of stabilization, the episode raises red flags for investors holding niche digital assets vulnerable to liquidity shocks.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses