Hey Flipstars!
Due to a 20:1 forward share split of the KORU (Direxion Daily South Korea Bull 3X ETF, NYSE Arca) in the form of a stock dividend, Flipster will adjust the contract size of the KORUUSDT.PERP Perpetual Contract.
To ensure a smooth adjustment, trading of KORUUSDT.PERP will be suspended during the following period. During this window, opening, closing, and modifying positions as well as placing and cancelling orders will be unavailable, all resting orders (including TP/SL) will be cancelled, and funding fee, mark price and index price will not be updated.
Trading suspension (close): 2026-07-14 23:00 (UTC)
Trading resumption (re-open): 2026-07-15 13:45 (UTC)
Adjustment method
Due to the average entry price being scaled by the same factor as the mark price, your unrealized PnL and margin balance are fully preserved, and your position remains open throughout.
Example (long position, Scale Factor = 20)
| Before the Adjustment | After the Adjustment | |
| Adjustment Scale Factor | — | 20 |
| Mark Price (USDT) | 430 | 430 ÷ 20 = 21.5 |
| Contract Size (KORU) | 10 | 10 × 20 = 200 |
| Average Entry Price (USDT) | 400 | 400 ÷ 20 = 20 |
| Unrealized PnL (USDT) | (430 − 400) × 10 = 300 | (21.5 − 20) × 200 = 300 (preserved) |
| Notional Position (USDT)= Contract Size × Avg Entry Price | 10 × 400 = 4,000 | 200 × 20 = 4,000 (preserved) |
| Margin Balance (USDT)= Notional + Unrealized PnL | 4,000 + 300 = 4,300 | 4,000 + 300 = 4,300 (preserved) |
Note: Prices are adjusted according to the tick size and quantities according to the minimum trade amount, so a minor rounding difference may occur after the adjustment. The trading resumption time is subject to change depending on market conditions.
Your support and feedback are valuable for enhancing our products and services. For any further information or queries, please do not hesitate to contact us through our service request form.
Best Regards,
Flipster Team
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