Binance Futures, a major cryptocurrency derivatives exchange, has made the decision to delist certain cryptocurrencies from its platform. This action includes the USDⓈ-M perpetual contracts for STPTUSDT, SNTUSDT, MBLUSDT, RADUSDT, and CVXUSDT. The purpose of this move is to maintain the integrity and efficiency of the trading offerings on the exchange. The process of delisting will involve closing all positions and initiating automatic settlement procedures.

Details of the Delisting

The delisting and automatic settlement will happen on different dates for each contract. Specifically, the STPTUSDT, SNTUSDT, and MBLUSDT contracts are set to close on May 13 at 09:00 (UTC), while the RADUSDT and CVXUSDT contracts will follow on May 14 at 09:00 (UTC). Once the settlement process is finalized, these contracts will be taken off the platform, indicating the end of their trading availability on Binance Futures.