【Important】Bitget announcement on the SNDK futures stock split

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【Important】Bitget announcement on the SNDK futures stock split

2026-10-31 08:50

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Dear Bitget user:

The underlying asset of SNDKUSDT will soon undergo a stock split. Bitget will automatically process the corresponding RWA stock futures as follows:

1. Stock split details

Futures	Stock ticker	Effective date (ET)	Corporate action type	Adjustment ratio
SNDKUSDT	SNDK	November 20, 2026	Stock split (8-for-1)	Position quantity × 8, average entry price ÷ (1/8)

2. Special trading suspension arrangements

SNDKUSDT futures will enter a special trading suspension on November 20, 2026, during 15:00 - 17:10 (UTC+8) and are expected to resume normal trading at 17:10 (UTC+8). The actual resumption time is subject to system execution.

Trading resumption:Depending on when the index price is updated, trading may resume within 17:10-22:40.

During the trading suspension:

Orders to open or close positions in the above futures will not be accepted.
Unfilled open orders will be automatically canceled, and the margin will be returned to the available balance.
Trigger orders, take-profit and stop-loss orders, and advanced orders will be automatically canceled and will not be automatically restored. You will need to manually reset them after the trading suspension ends.
Funding rate settlements will be suspended. Funding will not accrue during the trading suspension and will not be collected or paid retroactively after the suspension ends.
Price adjustments resulting from this corporate action will not trigger liquidation for these futures. However, in cross margin mode, the account's overall risk may still be affected by other positions.

3. How will your positions be handled?

The system will automatically perform the following actions during the trading suspension, and you do not need to take any manual action:

The mark price immediately before the trading suspension × position quantity will be used as the value snapshot. The position value will remain unchanged during the suspension.
The position quantity and average entry price will be automatically adjusted based on the ratio above. Your total cost, realized PnL, and unrealized PnL will remain unchanged before and after the adjustment.
Once the system confirms that the mark price has been updated to reflect the corporate action, the special trading suspension will automatically be lifted, and normal futures trading will resume.

Note:If the system is unable to convert the quantity of your position because your account is in a risk state or for other reasons, the position will be settled in cash at the last mark price at the time of suspension. The margin will be returned to your account, and the position will not be converted into a new position.

4. Trading bots (grid, etc.)

Approximately 5 minutes before the trading suspension begins, trading bot access for the relevant futures will be automatically removed. Any active trading bots will be automatically terminated, and their positions will be settled in cash at the mark price at the time of termination. The assets will be returned to your account.
Trading bot access will be restored within 10 minutes after the trading suspension ends and trading resumes. Please note that your previous trading bots will not be automatically restored. You must manually create new bots to continue using bot trading.
New trading bots for the relevant futures cannot be created during the trading suspension.

Recommendation: Trading bot positions will be automatically settled in cash at the prevailing mark price when trading bot access is removed, which may differ from your expected price. We recommend manually terminating trading bots for the relevant futures one day before the trading suspension so that you can choose when to settle them.

5. Copy trading

Copy trading will not be affected. Futures positions involved in copy trading do not require manual action, and the copy trading relationship will automatically remain in place after the stock split is completed.

6. Margin

Isolated margin mode: The isolated margin amount will remain unchanged before and after the adjustment.
Cross margin mode: Under normal circumstances, the adjustment will not affect other positions in the account.

7. Example

Assumeyou hold a long position in SNDKUSDT futures. The stock split ratio is 8-for-1, meaning that each share will be split into 8 shares. Your position will change as follows before and after the trading suspension:

Item	Before suspension	After suspension	Explanation
Mark price	800	100	Previous mark price × 1/8
Position quantity	100 contracts	800 contracts	Previous quantity × 8
Average entry price	800	100	Previous average entry price × 1/8
Position value	800 × 100 = 80,000	100× 800 = 80,000	Unchanged
Unrealized PnL	(800-800) × 100 = 0	(100-100) × 800 = 0	Unchanged
Unrealized PnL	(800-800) × 100 = 0	(100-100) × 800 = 0	Unchanged

As shown above, after the stock split, your position quantity will increase eightfold, while the unit price will decrease to 1/8 of its previous value. However, the position value and unrealized PnL will remain completely unchanged, meaning your actual equity will not be affected. Throughout the process, you do not need to take any action.

*This announcement is time-sensitive. Please note the date of publication. The platform assumes no responsibility for any direct or indirect losses arising from changing circumstances or outdated content.

*This content has been translated by AI and is for reference only. We do not guarantee the accuracy of the translation and assume no liability for any errors, omissions, or losses arising from the use of this translated content. In the event of any discrepancies, the original version shall prevail.

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