BitMEX Sets XAUTUSDT and SUIUSDT to Reduce Only Mode Ahead of Delisting

The BitMEX exchange has set two contracts, XAUTUSDT and SUIUSDT, to Reduce Only mode. This change will take effect on August 31, 2026 at 08:30 UTC.

In Reduce Only mode, traders can no longer increase the size of their positions, but can only reduce them. New positions cannot be opened, except for designated market makers who are allowed to continue providing liquidity.

The contracts will remain in Reduce Only mode until they are delisted on September 2, 2026, as part of the exchange's closure. For those affected by this change, it's essential to review their positions and make necessary adjustments before the deadline.