Binance has announced the closure of all positions and automatic settlement of DEFIUSDT and MEMEFI perpetual futures.
Cancellation of Contracts
Binance stated that all positions for DEFIUSDT and MEMEFI contracts will be closed, and an automatic settlement will take place at 12:00 on August 11, 2025. After this process is completed, the contracts will be fully removed from the platform.
Trader Recommendations
Traders are advised to manually close their open positions before the contracts are delisted in order to avoid potential automatic settlements. After 14:30 on August 11, 2025, users will not be able to open new positions in these contracts.
Market Perspective
Binance encourages users to closely monitor changes in the futures market and update their investment strategies accordingly.
The delisting of DEFIUSDT and MEMEFI contracts marks a significant change in trading strategy on the Binance platform and requires traders to adjust to new market conditions.