Binance Announces Delisting of SLERFUSDT and CHZUSD Perpetual Contracts

Binance Announces Delisting of SLERFUSDT and CHZUSD Perpetual Contracts

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by Andrew Smith

a year ago

Made with AI

Binance Futures is set to delist two perpetual contracts, SLERFUSDT Umargined and CHZUSD Coin-Margined, effective October 21, 2025. This move is part of the exchange's ongoing strategy to refine its futures product lineup, as The source reports that the changes aim to enhance trading efficiency and user experience.

Automatic Liquidation Schedule

The automatic liquidation for SLERFUSDT will occur at 5:00 PM GMT+8, while CHZUSD will follow at 6:00 PM GMT+8. Traders are urged to take proactive measures to manage their positions and avoid potential automatic liquidations during this critical settlement period.

Impact on Futures Offerings

This decision reflects Binance's historical approach to optimizing its futures offerings, which may lead to increased volatility and liquidity concerns among traders. However, it is important to note that major cryptocurrencies such as Bitcoin and Ethereum are not anticipated to be impacted by this delisting.

In light of Binance Futures' recent decision to delist certain perpetual contracts, the crypto community is also grappling with concerns raised by Roman Storm regarding potential legal risks for DeFi developers. For more details, see read more.

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