Dear valued user,
In line with the stock split plan for SanDisk (SNDK), Pionex will adjust the tokenized stock SNDKX futures: the existing SNDKX futures (pre-split) will be renamed 8SNDKX, and a new SNDKX futures (post-split) will be listed to reflect the post-split price (split ratio 1:8, total market value unchanged). To ensure a smooth transition, the schedule is as follows (times in UTC):
Time | Old futures (8SNDKX, i.e. SNDKX pre-split) | New futures (SNDKX, post-split) |
Approx. Nov 20, 00:30 | Maintenance begins; trading suspended during maintenance | / |
Approx. Nov 20, 09:00 | Maintenance ends; officially renamed 8SNDKX; opening new positions restricted (including grid bot range adjustments) — only reducing positions, closing positions, and adjusting margin allowed | / |
Approx. Nov 20, 12:00 | — | Officially listed; opening positions available |
Approx. Dec 31 | 8SNDKX futures officially delisted; the system will forcibly close and settle any remaining open positions | Trading continues normally |
User Notice:
The above times are planned and may be delayed depending on actual circumstances.
If you hold a position on the 8SNDKX futures (i.e., SNDKX pre-split) or have a grid bot running on it, we recommend completing your position adjustments or manually closing the bot before December 31; if not handled in time, the system will handle it automatically.
From approximately Nov 20, 12:00 (UTC), please use the new SNDKX futures to open new positions.
From approximately Nov 20, 09:00 (UTC) until delisting, opening new positions on the 8SNDKX futures (including grid bot range adjustments) will be restricted; only reducing positions, closing positions, canceling orders, and adjusting margin will be allowed. The price will continue to fluctuate with the market (pegged at the SNDKX price × 8), and positions will no longer be entitled to dividend distributions.
This adjustment is a platform-side trading arrangement and does not involve any ownership of or rights to the underlying stock.
Risk Warning:
Digital asset trading involves significant risks. Please trade with caution and be aware of the associated risks.
Thank you for your continued support of Pionex!
Pionex Team
November 12, 2026