KuCoin Futures Will Delist And Relist the SNDKUSDT Stock Index Perpetual Contract (2026-11-19)

KuCoin has listed the SNDKUSDT Stock Index Perpetual Contract. As the underlying stock tracked by the contract, SNDK (Sandisk Corporation), has announced a 8-for-1 forward stock split, KuCoin will delist and subsequently relist the SNDKUSDT Perpetual Contract to ensure market fairness and protect users' interests. Schedule:

Delisting time: 7:00 on November 19, 2026 (UTC)
Relisting time: 7:00 on November 20, 2026 (UTC)

The arrangements for the delisting are as follows:

Starting from 6:50 on November 19, 2026 (UTC), opening new positions in the SNDKUSDT contract will be suspended, while closing positions will remain unaffected.
The SNDKUSDT perpetual contract will be delisted at 7:00 on November 19, 2026 (UTC). With the delisting of this contract, the open orders will be canceled, and the positions will be settled at the average index price during the last 30 minutes before the delisting. It is recommended that users close position in advance to avoid unnecessary losses.

Updated Mark Price Mechanism Before Delisting

To enhance fairness and stability during the delisting process, KuCoin Futures has updated the mark price mechanism for the final 30 minutes prior to delisting:

Mark Price = Average Index Price (calculated every second)
- Example for a 7:00 delisting:
  - 6:35 mark price = average index price from 6:30 to 6:35
  - 6:59 mark price = average index price from 6:30 to 6:59

180-Second Smooth Transition Mechanism
- Starting from 6:30, the system will smoothly transition from the original mark price formula to the new average-based mark price over a 180-second window to avoid sudden mark price jumps. The 180-second smoothing period may be adjusted based on actual conditions, while all other rules and calculation logic remain unchanged.
  - Mark Price = β * (New Mark Price Formula) + (1 − β) * (Old Mark Price Formula)

Futures Copy Trading KuCoin Copy Trading will delist the SNDKUSDT perpetual contract at 6:00 on November 19, 2026 (UTC). With the delisting of this contract, the open orders will be canceled, and the positions will be settled. It is recommended that users close positions in advance to avoid unnecessary losses. Futures Trading Bot KuCoin Trading Bot will delist SNDKUSDT at 5:00 on November 19, 2026 (UTC), including Futures Grid, AI Futures Trend, Futures Martingale and DualFutures AI. Users are advised to shut down the running Trading Bots before the time above. If the user fails to close the bot before the time above, the system will automatically shut down the relevant trading bot for the user. Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market. However, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.

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