OKX to Delist LUNC and USTC Trading Pairs Soon
, one of the world’s largest digital asset platforms, has announced that it will soon stop trading pairings combining Terra Classic (LUNC) and TerraClassicUSD (USTC). This shows how unstable the cryptocurrency market can be.
This choice comes at a time when people are still looking closely at tokens that aren’t doing well. Its goal is to make OKX’s offerings more straightforward to use for a better trading environment. For investors who own these assets, the news is a critical reminder to rethink their plans in a world that is changing rapidly.
LUNC and USTC: A Brief History
Terra Classic, which used to be called Terra, was formerly a leader in the decentralized finance (DeFi) area. Do Kwon and his colleagues begined the project in 2018. It introduced the Terra blockchain, which was meant to support stablecoins and algorithmic currencies that could keep their pegs through complex market procedures.
At its peak in ahead 2022, Terra’s ecosystem had billions of dollars in total value locked (TVL). Its main , UST (now USTC), was tied to the US dollar by a balance of LUNA (now LUNC) burning and minting.
The ecosystem’s collapse in May 2022, on the other hand, was one of the most shocking things to happen in crypto history. UST lost its peg because of a mix of market pressures, large-scale withdrawals, and difficultys with the algorithmic stabilization methodology.
This set off a death spiral. price dropped from more than $100 to less than a cent, losing an estimated $40 billion in market value overnight. The backlash led to probes by regulators, including Do Kwon’s arrest in Montenegro, and the community’s fork to make Terra 2.0 (LUNA), which changed the name of the original chain to Terra Classic.
Since the crash, LUNC and USTC have remained in the market thanks to a dedicated community that wants them to come back through initiatives like token burns and network upgrades. However, trade volumes have remained low, and prices have had a hard time going back up. As of late September 2025, LUNC was about $0.0001 and USTC was below $0.03. Because of this, they are likely to be from several platforms.
Information on the Delisting
OKX’s release says that all spot trading pairings that include LUNC and USTC, like LUNC/USDT, USTC/USDT, and others, will stop working on October 15, 2025. later than the tokens are taken off the list, you will still be able to deposit and withdraw them until November 15, 2025.
later than that, these services will be stopped entirely. Also, margin trading, futures contracts, and perpetual swaps connected to these assets will be phased out over time, with deadlines that match the spot delisting.
The platform stressed that this move is in line with its promise to exclusively list high-quality, long-term projects that meet strict requirements for community support, liquidity, and development activity. There were no specific explanations given for LUNC and USTC, but their low trading volumes and past difficultys make them less likely to be successful on large platforms in the long term.
What This Means For Traders and The Market
This delisting could make it harder for LUNC and USTC holders to get cash, which could cause values to drop as trade moves to smaller, less dependable platforms. For the Terra Classic community, this is a setback in their ambitions to get back into the mainstream, but supporters say it could spark more on-chain activity and burns to make the currency more scarce.
Before the deadlines, traders should cancel their positions, move their assets, or switch to other cryptocurrencies to avoid having their cash frozen. During the grace time, OKX has guaranteed that withdrawals will be free, but users should check that their network is compatible to avoid losing money on failed transactions.
The tokens’ lower status might not have much of an effect on the broader market, but it does show a trend: platforms like Binance and have already delisted them, which is part of a larger effort to get rid of high-risk legacies from the bear market of 2022. As crypto grows, these kinds of acts assist keep the ecosystem clean, putting new ideas ahead of old ones.
The fact that OKX has stopped trading LUNC and USTC pairings is another twist in the Terra saga’s long and troubled journey. It makes things more complicated for loyalists right away, but it also shows that the market is Darwinian: those who can adapt will survive.
Investors looking for comeback stories should think carefully about these changes and look at more stable projects. As usual in , being careful and spreading your investments is essential when things are uncertain.
