BitMEX to Delist TON Contracts on 15 Jun 2026 Ahead of TON→GRAM Switch

Published: 2026-06-12 06:11:28 |

BitMEX announced the delisting of TON derivatives contracts. On 15 June 2026 at 12:00 UTC, the exchange will delist two TON contracts—TONUSD (BTON30M) and TONUSDT (BTONT30M)—and settle them early at the same 12:00 UTC “T settle” time under its Exchange Guide procedures. BitMEX said the delisting is to support an upcoming switch from TON to GRAM. Funding for the final settlement window stops accruing from 04:00 UTC to 12:00 UTC on 15 June 2026, with the next funding rate set to 0. At 12:00 UTC, trading ends, open orders are cancelled, and open positions are closed using the contracts’ settlement prices (no settlement fees). The final profit/loss is added to users’ BTC/USDT balances, and the contract is removed from the Positions view after expiry. For traders, the key risk around the delisting of TON contracts is timing: you may need to close or roll positions before the forced settlement window to avoid unexpected exits. Liquidity and open interest could shift to remaining listings, and funding dynamics may change as the delisting of TON contracts approaches. Main keyword: delisting of TON contracts

Neutral

Short term, the delisting of TON contracts can trigger position unwinds and roll activity ahead of the 15 June 2026 12:00 UTC settlement, which may temporarily shift liquidity and open interest across BitMEX listings. However, the announcement does not introduce a direct bullish or bearish fundamental change for TON spot price; it primarily affects derivatives mechanics (funding stops accruing, trading halts, forced position closure at settlement prices). Longer term, the stated TON→GRAM switch could influence how traders allocate exposure across the two ecosystems, but the excerpt provides no specific contract pricing impact or market-wide adoption data. Overall, the event is more likely to create tactical, liquidity-driven volatility around the settlement window rather than sustained directional pressure on TON itself. Hence the expected impact on TON price is neutral.