Because the underlying Sandisk Corporation (SNDK) will soon undergo a stock split, its price index will be adjusted accordingly. To keep the Futures price aligned with the underlying asset, MEXC will rebase SNDKUSDT, SNDKUSDC and SNDKUSD1 Stock Futures during the adjustment window below. As part of the rebase, the number of contracts held and the corresponding entry price will be adjusted proportionally.
Adjustment Ratio = Price Index Before Adjustment / Price Index After Adjustment. The final adjustment ratio may fluctuate slightly due to real-time market conditions.
Adjustment Period
- Nov 20, 2026, 01:00 (UTC) – Nov 20, 2026, 05:30 (UTC)
- The scheduled adjustment window is an estimate and may vary depending on actual progress. The actual resumption time will be subject to system execution. Please keep an eye on changes to your positions.
Impact of the Adjustment
- During the adjustment, trading for SNDKUSDT, SNDKUSDC and SNDKUSD1 Stock Futures will be temporarily suspended. Normal trading will resume once the adjustment is completed.
Item | Adjustment |
|---|---|
Position Size (Cont) | Post-adjustment size = Pre-adjustment size × Adjustment ratio |
Avg. Entry Price | Post-adjustment avg. price = Pre-adjustment fair price / Adjustment ratio |
Margin Mode | No change |
Unrealized PNL | Unrealized PNL will be settled into realized PNL and credited to your account balance during the adjustment window. |
Position Value, Position Direction, Account Equity | No change |
Open Orders | Canceled |
Trading Bots & Strategy Orders | Will be terminated and will not resume automatically. Users will need to recreate them after trading resumes. |
Example: Suppose you hold a 100-contract long position in SNDKUSDT Stock Futures before the adjustment, with an average entry price of 90 USDT. The fair price at the time of adjustment is 60 USDT. Your account equity before unrealized PNL is 100,000 USDT.
Item | Before Adjustment | After Adjustment |
|---|---|---|
Fair Price | 60 USDT | 60 / 8 ≈ 7.5 USDT |
Position Size | 100 Cont | 100 × 8 ≈ 800 Cont |
Avg. Entry Price | 90 USDT | 7.5 USDT |
Margin Mode | Isolated | Isolated |
Unrealized PNL | (60 − 90) × 100 = -3,000 USDT (displayed) | Reset to 0. The pre-adjustment unrealized PNL of -3,000 USDT is settled as realized PNL. |
Position Notional Value at Entry (USDT) | 100 × 90 = 9,000 USDT | 800 × 7.5 = 6,000 USDT |
Position Direction | Long | Long |
Account Equity | 100,000 + (-3,000) = 97,000 USDT | 97,000 USDT |
Open Orders | Yes | Canceled |
Trading Bots & Strategy Orders | Yes | Will be terminated and will not resume automatically. Users will need to recreate them after trading resumes. |
Important Notes
- During the adjustment, trading for SNDKUSDT, SNDKUSDC and SNDKUSD1 Stock Futures will be temporarily suspended, and all open orders, including reduce-only orders (TP/SL), will be automatically canceled. Throughout this period, order placement, order modification, and position closing will be unavailable, and fair price and price index feeds will be temporarily paused. Liquidations will be suspended until trading resumes. However, funding fee settlements will continue as scheduled.
- During the adjustment, existing SNDKUSDT, SNDKUSDC and SNDKUSD1 positions will be settled first, and new positions will be opened automatically once the adjustment is complete. However, if users have insufficient funds or market conditions are extremely volatile, existing positions may be settled without new positions being opened.
- During the adjustment, all trading bots (Grid, AI-powered, and Copy Trade) and strategies related to SNDKUSDT, SNDKUSDC and SNDKUSD1 will stop running. Trading bot strategies for SNDKUSDT, SNDKUSDC and SNDKUSD1 will not be restored once the rebase is complete and must be recreated by users. Only regular positions and Copy Trade positions will be restored after the adjustment according to the rules above.
- When trading resumes, the opening price of the above Futures may differ from the adjusted fair price. To reduce potential risk, users may search for the Futures and close any open positions before the adjustment begins.
- After the rebase, prices and position sizes will be aligned with the above Futures' price precision and minimum order quantity. This may result in minor rounding differences. Any resulting difference will be settled to the user's account equity.
- Positions obtained through event airdrops will be settled and will not be reopened after the adjustment.
Risk Reminder
Please carefully assess your positions and margin levels before the adjustment begins. You will not be able to trade or close positions while trading is suspended, and price volatility may increase once trading resumes. Please manage your risk accordingly.
Thank you for your understanding and continued support.
